CIBC Trims Bombardier, Inc. Class B (BBD.B) Target Price to C$5.75

Bombardier, Inc. Class B (TSE:BBD.B) had its price objective trimmed by CIBC from C$6.00 to C$5.75 in a research note released on Wednesday.

Several other research analysts also recently weighed in on BBD.B. Credit Suisse Group set a C$7.00 price target on Bombardier, Inc. Class B and gave the stock an outperform rating in a research note on Friday, August 3rd. BMO Capital Markets set a C$6.00 price target on Bombardier, Inc. Class B and gave the stock an outperform rating in a research note on Tuesday, July 24th. AltaCorp Capital set a C$6.50 price target on Bombardier, Inc. Class B and gave the stock an outperform rating in a research note on Wednesday, July 4th. Raymond James upped their price target on Bombardier, Inc. Class B from C$4.75 to C$6.00 and gave the stock an outperform rating in a research note on Thursday, July 5th. Finally, CSFB upped their price target on Bombardier, Inc. Class B from C$5.68 to C$7.00 in a research note on Thursday, July 12th. One investment analyst has rated the stock with a hold rating and fifteen have issued a buy rating to the company’s stock. Bombardier, Inc. Class B currently has a consensus rating of Buy and an average price target of C$5.76.

BBD.B stock opened at C$3.64 on Wednesday. Bombardier, Inc. Class B has a 1-year low of C$1.96 and a 1-year high of C$4.16.

Bombardier, Inc. Class B 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).

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Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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