Bombardier Inc. T.BBD.A

THE ANALYSTS WEIGH IN, & THOUGHTS

[Starsearcher80]

Analysts do important work.  They're certainly not always right, but typically the "collective" view proves to be right.  Most projections call for a given price target oer the next year.   I'm pleasantly surprised to see how supportive the analysts are of Bombardier on the whole.  Again, the current price is certainly below the analysts' calls, but that is what is making Bomardier attractive at these prices.

All of the analyst coverage noted below is within the past few months.

1) BMO Capital BUY rating, target of $63.00. Rating confirmed 06/26/22 (Fadi Chamoun)

2) TD Securities BUY rating, target of $79.66, Rating confirmed 06/20/22 (Tim James)

3) Barclays SELL rating, target of $27.00. Rating confimed 06/20/22 (David Strauss)

4)  CIBC HOLD rating, target of $36.00. Rating confirmed 06/20/22 (Kevin Chiang)

5) RBC Capital BUY Rating, target of $56.00. Rating confirmed 06/13/22 (Walter Spracklin)

6) Scotialbank BUY rating, target of $55.00. Rating confirmed 06/13/22

7)  Desjardins BUY rating target of $80.00. Rating confirmed 06/12/22 (Benoit Poirier)

8) UBS BUY rating, tartet of $50.00. Rating upgraded 05/17/22 (Myles Walton)

9) Vertical Research BUY rating, target of $55.00. Rating upgraded 05/05/22 (Robert Stallard)

10) Cowen & Co HOLD rating, target of $35.33, confirmed 05/04/22 (Cayvon Rumohr)

11) National Bank BUY rating, target of $66.25, confirmed 02/10/22 (Cameron Doerksen)


A couple of points and observations here:

1)  That's 8 BUY ratings, 2 HOLD ratings, and one SELL rating.

2)  The AVERAGE price target of all ratings is $53.69, which represents an  173.26% whopping increase over the current share price.  Again, this  value is the AVERAGE of analyst calls.

3) The two HOLD ratings are BOTH have price tarkets over the current share price, one by about 90%, (target of $36.00)  and the other by about 85% (target of $35.33)

4) Even the solo SELL rating has a price target ABOVE the current price, at $27.00

5)  The two upgraded recommendations (from Hold to buy) are very nice to see, further tipping the scale in Bombardier's favour.

6)  Further suppporting the thought that Bombardier is currently vastly oversold, the average price target of $53.69 represents a massive gain for anyone purchasing shares at current price levels.  Now, you could take the opposite arguement and suggest the analysts are out to lunch with their projections.  Again though, I find the collective thought by them to pan out to be true far more often than not, and with that, I believe the opportunity to buy is certainly there.

As the brutal saying goes, "Buy when there's blood in the streets."

[Inuk138]

Finally a positive post 

[Starsearcher80]

There are plenty of positive posts here. Of course, there are those who want to clutter the board with negative drivel or bait just to illicit a response. This is different than a post that might suggest a reason to sell that is presented intelligently. Best not to take that bait when it comes along. If you do, then you only validate their existence and clutter the board further. Anyway, as I said

[Inuk138]

I know I know a lot of positivity but you were god dam right about analysts.

[Shamhorish]

i hope i am wrong but iMO, ANALYSTS, REPORTERS, MDIA OF ALL SORTS play a key role with market makers and scavengers, they are of the same group imo, all those analysts asking questions during quarterly meetings are pre set, meaning the question by x or y and the answers by CFO OR CEO ARE PRE WRITTIN, AHEAD OF ANY QUARTERLY MEATING to give X OR Y MASSAGE so the market can use it for........ IMO,

[clubhouse19]

Ubfortunately sham there are so many conflicts of interests in the investments banks between the traders and the analysts that IMO most cannaot be trusted. Even though disclosure rules were put in place years ago on their positions. who says they are not benefitting third parties . This country is ripe with that kind of stuff add  that it is legal to counterfeit shares by naked shorting

[Shamhorish]

club, yes, it is a fake corrupt enviroment , all playing a role in the market  theatre sad, but it is the reality

[lb1temporary]

Come on ! If so, why the market is so negative with Bombardier ? The Concerence calls are full of positive comments and the average target from analysts is at 58$, with the lower target at 27$;  50% higher than he SP.    The conspiration theory doesn't work here.

[clubhouse19]

[Shamhorish]

conspiration theory works here and every where The Concerence calls are full of positive comments ok, management ae doing what they can with what they have and doing well market is so negative with Bombardier ? market is seeing disaster coming in few month resulting from huge drop in europ, usa, canada economy, much hier interest rate which will have bad effect every where, factories closer

[Luckyeleven]

Funny nobody was moaning and groaning when the markets were printing record highs for over 10 years. It is what it is, just because many were stuck here with the bomber while so much wealth was being built isn't indicitive to reality. No doubt it's a rough time right now but you have to take the bad with the good. 

[lb1temporary]

''  ....market is seeing disaster coming in few month resulting from huge drop in europ, usa, canada economy, much hier interest rate which will have bad effect every where, factories closer, lots of unemployment....'' Where is the conspiration here ? The market is full of different views; that the way to make money!