Hold Bombardier, Inc. (TSE:BBD.B) Receives Consensus Recommendation of “Hold” from Analysts
Bombardier, Inc. (TSE:BBD.B) has been assigned a consensus recommendation of “Hold” from the eighteen brokerages that are covering the company, AnalystRatings.NET reports. Three investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is C$1.48.
A number of research firms have recently weighed in on BBD.B. Raymond James decreased their price target on shares of Bombardier from C$1.40 to C$1.30 and set a “market perform” rating for the company in a research report on Thursday, February 18th. Macquarie downgraded shares of Bombardier from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from C$0.90 to C$0.75 in a research report on Thursday, February 18th. TD Securities decreased their price objective on shares of Bombardier from C$1.35 to C$0.95 and set a “hold” rating for the company in a report on Tuesday, February 9th. Cowen and Company reaffirmed a “market perform” rating on shares of Bombardier in a report on Thursday, January 7th. Finally, Citigroup Inc. reaffirmed a “neutral” rating and issued a C$1.25 price objective on shares of Bombardier in a report on Friday, December 11th.
Bombardier Inc (
TSE:BBD) is a manufacturer of transportation equipment, including business and commercial aircraft and rail transportation equipment and systems, and is a provider of related services. The Company carries out its operations in two segments: aerospace through Bombardier Aerospace (BA) and rail transportation through Bombardier Transportation (BT).
