Analysts are on the Bearish side about Bombardier Inc. (TSE:BBD.B) this week.

March 24, 2018 - By Richard Conner

 Analysts are on the Bearish side about Bombardier Inc. (TSE:BBD.B) this week.

Bombardier Inc. (TSE:BBD.B) Ratings Coverage

Among 12 analysts covering Bombardier Inc. (TSE:BBD.B), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Bombardier Inc. had 62 analyst reports since July 24, 2015 according to SRatingsIntel. Scotia Capital maintained the stock with “Sector Perform” rating in Tuesday, July 28 report. Scotia Capital maintained it with “Outperform” rating and $2.75 target in Friday, November 11 report. The stock of Bombardier Inc. (TSE:BBD.B) earned “Buy” rating by Goldman Sachs on Friday, April 7. As per Friday, December 16, the company rating was maintained by Scotia Capital. As per Friday, November 11, the company rating was upgraded by Cormark Securities. The rating was downgraded by Raymond James to “Market Perform” on Wednesday, March 8. As per Thursday, September 15, the company rating was maintained by RBC Capital Markets. The rating was maintained by TD Securities with “Hold” on Tuesday, December 20. Macquarie Research upgraded Bombardier Inc. (TSE:BBD.B) on Monday, September 19 to “Outperform” rating. The stock has “Outperform” rating by Scotia Capital on Thursday, September 22. Below is a list of Bombardier Inc. (TSE:BBD.B) latest ratings and price target changes.

08/12/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $3.50 New Target: $3.75 Target Up
23/11/2017 Broker: Citigroup Rating: Old Target: $2.80 New Target: $3.70 Target Up
27/10/2017 Broker: Macquarie Research Rating: Old Target: $3.00 New Target: $3.50 Target Up
20/10/2017 Broker: IBC Rating: Old Target: $3.00 New Target: $3.25 Target Up
17/10/2017 Broker: BMO Capital Markets Rating: Outperform New Target: $3.30 Maintain
17/10/2017 Broker: Raymond James Rating: Outperform New Target: $3.25 Maintain

The stock decreased 0.26% or $0.01 during the last trading session, reaching $3.77. About 5.16 million shares traded. Bombardier Inc. (TSE:BBD.B) has 0.00% since March 24, 2017 and is . It has underperformed by 16.70% the S&P500.

Bombardier Inc., together with its subsidiaries, makes and sells transportation equipment worldwide. The company has market cap of $8.27 billion. The firm operates in four divisions: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. It currently has negative earnings. The Business Aircraft segment designs, makes, and provides aftermarket support for Learjet, Challenger, and Global business jets.

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