Bombardier, Inc. (TSE:BBD.B) Price Target Raised to C$3.00 at National Bank Financial

Bombardier, Inc. (TSE:BBD.B) had its price target increased by National Bank Financial from C$2.90 to C$3.00 in a research note issued to investors on Monday. They currently have an outperform rating on the stock.

A number of other research analysts also recently commented on BBD.B. BMO Capital Markets reiterated an outperform rating and set a C$2.75 target price on shares of Bombardier in a research report on Thursday, July 13th. Royal Bank Of Canada reiterated an outperform rating and set a C$3.00 target price on shares of Bombardier in a research report on Thursday, June 15th. TD Securities reiterated a hold rating and set a C$2.75 target price on shares of Bombardier in a research report on Thursday, May 4th. Finally, Goldman Sachs Group, Inc. (The) upgraded Bombardier from a neutral rating to a buy rating in a research report on Friday, April 7th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The company currently has a consensus rating of Buy and an average price target of C$2.60.

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Bombardier Company Profile

Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).