Equity analysts at Desjardins have assigned a price target of C$260.00 to Bombardier, Inc. Class B shares (TSE:BBD.B). The brokerage maintains a “buy” rating on the stock, reflecting confidence in its future performance. This target represents an estimated upside of approximately 11.78% from the stock’s last closing price.
The update was communicated to investors in a recent note, highlighting Desjardins’ positive outlook on Bombardier’s market position and potential growth.
**Why this matters**
Price targets and analyst ratings can influence investor sentiment and trading activity. Desjardins’ recommendation may encourage increased interest in Bombardier shares, potentially impacting the stock’s market value in the near term.
Source: NewsData