Research Analysts’ Weekly Ratings Changes for Bombardier, Inc. Class B (BBD.B)

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Several analysts have recently updated their ratings and price targets for Bombardier, Inc. Class B (TSE: BBD.B):

  • 8/10/2020 – Bombardier, Inc. Class B had its price target raised by analysts at TD Securities from C$0.45 to C$0.50. They now have a “hold” rating on the stock.
  • 8/10/2020 – Bombardier, Inc. Class B had its price target lowered by analysts at CIBC from C$0.60 to C$0.55.
  • 8/10/2020 – Bombardier, Inc. Class B had its price target raised by analysts at Scotiabank from C$0.50 to C$0.57.
  • 8/7/2020 – Bombardier, Inc. Class B was given a new C$1.00 price target on by analysts at Raymond James. They now have a “market perform” rating on the stock.
  • 8/7/2020 – Bombardier, Inc. Class B had its price target raised by analysts at Vertical Research from C$0.40 to C$0.50.
  • 8/7/2020 – Bombardier, Inc. Class B had its price target lowered by analysts at BMO Capital Markets from C$0.60 to C$0.50.
  • 7/22/2020 – Bombardier, Inc. Class B had its price target lowered by analysts at Royal Bank of Canada from C$0.70 to C$0.50.

Bombardier, Inc. Class B stock remained flat at $C$0.41 during midday trading on Thursday. The company had a trading volume of 2,411,710 shares, compared to its average volume of 9,460,000. Bombardier, Inc. Class B has a twelve month low of C$0.38 and a twelve month high of C$2.15. The business has a 50 day moving average price of C$0.43 and a two-hundred day moving average price of C$0.67. The company has a market cap of $845.99 million and a P/E ratio of -0.43.

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and provides aftermarket support for Learjet, Challenger, and Global business jets.

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