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Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.B


Primary Symbol: T.BBD.A Alternate Symbol(s):  T.BBD.P.B | T.BBD.P.C | T.BBD.P.D | BDRPF | BDRXF | BDRAF | BDRBF | BOMBF

Industrials Aerospace & Defense
Bombardier Inc. is focused on designing, manufacturing, and servicing business jets. The Company has a fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments, and private individuals. The Company designs, develops, manufactures and markets two families of business jets (Challenger and Global... see more

TSX:BBD.A - Post Discussion

Bombardier Inc. > Bombardier Maintained at Outperform at BMO Ahead of First-Q
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Post by Thebomber2023 on Apr 10, 2024 2:14pm

Bombardier Maintained at Outperform at BMO Ahead of First-Q

Bombardier Maintained at Outperform at BMO Ahead of First-Quarter Results; Price Target Kept at C$85.00

11:30 AM EDT, 04/10/2024 (MT Newswires) -- BMO Capital Markets on Wednesday reiterated its outperform rating on the shares of Bombardier (BBD-B.TO) and its C$85.00 price target ahead of first-quarter results from the aircraft manufacturer.

"BBD is expected to report Q1/24 results on April 25 and host an Investor Day at its new facility at Pearson airport in Toronto on May 1. While we are not expecting new financial targets to be announced, we believe that results and event/discussions will likely reinforce the positive trajectory that the company is on with respect to continuing to improve profitability, financial leverage, and free cash flow going forward. We reaffirm our Outperform rating and $85 target price

Comment by llesage on Apr 10, 2024 2:53pm
04/10/2024 11:47:58 AM Bombardier : Scotiabank cuts target price to C$83 from C$85 Anyone know why it's underperforming today? I know it can't go up everyday but the losses today seem excessive compared to competitors.
Comment by bbdmic on Apr 10, 2024 3:07pm
I think it's because they are forecasting rain for tomorrow but I'm not really sure will see.      
Comment by BBDB859 on Apr 10, 2024 5:14pm
There are people out there, who are taking profits. So the stock retracts sometimes. 
Bombardier Inc.