RE:RE:Reading the RY report. Royal Bank of Canada set a C$95.00 price objective on Bombardier, Inc. Class B (TSE:BBD.B – Free Report) in a report released on Thursday morning, BayStreet.CA reports. The brokerage currently has an outperform rating on the stock.
A number of other analysts have also issued reports on BBD.B. National Bankshares decreased their price target on Bombardier, Inc. Class B from C$94.00 to C$93.00 and set an outperform rating on the stock in a research note on Tuesday, January 9th. UBS Group raised their price target on Bombardier, Inc. Class B from C$41.00 to C$44.00 in a research note on Tuesday, April 2nd. Scotiabank raised their price target on Bombardier, Inc. Class B from C$85.00 to C$90.00 and gave the stock an outperform rating in a research note on Monday, January 22nd. CIBC reduced their price objective on Bombardier, Inc. Class B from C$62.00 to C$60.00 and set a neutral rating on the stock in a research note on Wednesday, January 10th. Finally, Desjardins reduced their price objective on Bombardier, Inc. Class B from C$104.00 to C$103.00 in a research note on Wednesday, January 10th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Bombardier, Inc. Class B presently has an average rating of Moderate Buy and a consensus price target of C$81.78.