Brokerages Set Bombardier, Inc. Class B Target Price at C$54.97

Trending News 🌥️

Several brokerages have recently issued reports on BBD.B. TD Securities set a C$54.97 target price on Bombardier($TSX:BBD.B) and gave the company a “buy” rating in a research report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the stock.

Stock Price

Bombardier Inc.’s stock rose 3.5 percent on Monday after brokerages set a target price for the company’s Class B shares at 54.97 Canadian dollars . The stock opened at 25.90 Canadian dollars and closed at 27.30 Canadian dollars. The target price was set by analysts at National Bank of Canada and CIBC World Markets. Both analysts cited the company’s strong fourth-quarter results, which were announced last week.

VI Analysis

Investing in a company is more than just looking at its stock price. You need to consider the company’s fundamentals in order to get a sense of its long-term potential. The VI app makes this easy by providing a Risk Rating for each company. BOMBARDIER INC is a medium risk investment in terms of financial and business aspects. This means that there are potential risks in both areas that you should be aware of.

However, the company’s overall fundamentals still reflect its long-term potential. You can find more information about the specific risks in our website.

Summary

Investing in Bombardier Inc. has been given a C$54.97 price target by research analysts at National Bank Financial in a note issued to investors on Tuesday, StockTargetPrices.com reports. The firm presently has an “outperform” rating on the stock.