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Bombardier Inc. T.BBD.A

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

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.


TSX:BBD.A - Post by User

Comment by Shamhorishon Jan 23, 2024 11:48am
170 Views
Post# 35840974

RE:RE:Latest from Scotiabank

RE:RE:Latest from Scotiabankas scotia said " The company noted strong order pipeline and clear line of sight on delivery ramp-up heading into Q4, which points to a solid end to 2023 with a remarkable improvement in the leverage ratio, excess liquidity for more deleveraging and prospects for further growth in 2024. We maintain our annual forecasts while slightly raising our target to C$85 (was C$84) on better-than-expected net debt trends. We also re-iterate our Sector Outperform rating given the stock is attractively trading at only 5.8x EV/EBITDA on 2024E, significantly below its key comps at ~11x (albeit some discount is warranted). "
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