Bombardier Inc. T.BBD.A

Bombardier Price Target Maintained by National Bank

[Snowey]

Came across the following:

National Bank on Thursday, June 06, maintained its outperform rating and $92.00 price target on the shares of Bombardier (BBD.B.TO).

The management of the aircraft manufacturer believes that aftermarket, defense, and pre-owned aircraft could represent 50% of revenues by 2030, up from 31% in 2023, the analysts said.

"Bombardier is expecting to generate ~$900 million in free cash flow in 2025 and with the company not planning to invest in an all-new aircraft program this decade, we view this level of FCF as sustainable and likely to grow in future years," the analysts noted.

As a result, the analysts believe Bombardier will have options for deploying its capital, as the management noted that it will continue to invest internally to support organic growth but will also consider tuck-in M&A opportunities.

GLTA

Snowey

[Tempo1]

I don't know from where you got those things but in the FNB site the last analysis (with a target determination) is dated may 02. But  june 06 they published a summary (small) of the presentation by 8 companies (including BBD) made in their industrial day event wednesday. No surprises there, only old stuff (2 paragraphs).    

[Snowey]

Hi Tempo1,   I found this report on https://www.marketscreener.com with a June 06 date. Your comment that it was a summary of a report produced on May 02 is turns out to be completely accurate, yet the website did not say this. A bit misleading. It was as you say grouped with a CAE report, which I removed.   What I want to know is how do you get such access to such accurate

[Tempo1]

Yep Mutiple accounts. Each brokers have some specialty. For bonds for example : TD has the most extensive list of bonds offered, and it is the only one with non investment grade on their list. CIBC on their side accept phone orders for any bonds on the market (not only ones on their list).  So, I have accounts for any specific purpose for my portfolio.

[flightpath5]

Tempo1, your posts (both your own analysis and those of the bankers) have been very helpful, thank you!

[Snowey]

Hi Tempo,   You are one of the good solid leaders on this board.   Thanks, brother.   All the best.   Snowey

[BBDB859]

Hi Temp. I feel the same way as Snow does about your participation here, please keep up the good work. Cheers

[bicente]

I agree  , and thank you for posting ... not everyone here wants to read all the info out there and having your posts makes it easier and quicker... GLTA

[stock4life48]

the last report by NBF was April 25th when they cut the PT from $95 to $92.  the stock price at the time was $57.00.  There is nothing on the NBF site about an update since then  Their target is based on a 6.5x EV/EBITDA multiple on their updated 2025 forecast