Bomber on Dejardins top 6 list for 2025 stocks....GLTAL Bombardier Inc. (BBD.B-T) with a “buy” rating and $145 target. The average is $119.73.
Mr. Poirier: “In Aerospace & Defence, BBD remains our top pick due to the resetting of FCF expectations and an anticipated demand increase for bizjets post the Trump win. The undersupplied market should continue to drive pricing and aftermarket growth. We see the recent share price drop as an overreaction and expect tariff exemptions for the A&D industry. With leverage expected to fall below 2.0 times by the end of 2025, BBD is poised for re-rating and increased institutional interest. We also expect BBD to be a significant beneficiary in a declining interest rate environment (being a higherbeta name and still being perceived by investors as highly levered).”