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Bombardier Inc (BBD-B:CA) (BDRAF) Earnings Summary Bombardier achieved record service revenue of $528 million, marking a 28% year-over-year increase. This growth is partly due to high demand in aftermarket services, which offer better margins. Target Price Adjustment: CIBC (Analyst Rank #14) recently lowered its 12-month target price for Bombardier Inc....
Global Markets Canadian Markets Canada’s main stock index fell as energy and mining sectors took a hit from declining crude oil and gold prices, which dampened market sentiment. Investors were also reacting to the latest Canadian jobs data: only 14,000 new jobs were created, missing the forecast of 25,000 and...
Inside the Market’s roundup of some of today’s key analyst actions
A survey of North American equities heading in both directions
MONTREAL — Bombardier Inc. reported a third-quarter profit of US$117 million compared with a loss of US$37 million a year earlier as its revenue rose 12 per cent.
Bombardier reported cash burn, a metric closely watched by investors, of $127-million during the quarter, compared with a positive cash flow of $80-million in the same period last year
Workers at the plant can legally strike as of 2025 if talks fail to produce a labour agreement
Stocks in play: Bombardier
Will publish its financial results for the third quarter of 2024 on November 7. Bombardier shares T.BBD.B ...
Bombardier Inc: (BBD-B:CA) (BDRBF) Bombardier Inc has received a research report on Thursday October 10th from the National Bank of Canada (Rank#25), raising its 12 month target price forecast for the company from CAD 117 to CAD 128. This upward revision underscores confidence in Bombardier’s ability to generate robust free...
Inside the Market’s roundup of some of today’s key analyst actions
Inside the Market’s roundup of some of today’s key analyst actions
Top Analyst Ratings Apple (AAPL) – Evercore: Buy, Target Price USD 250 (09/26/2024) Evercore has reaffirmed its “Buy” rating on Apple, setting a target price of $250. The firm remains confident in Apple’s strong product pipeline and robust ecosystem, particularly with anticipated innovations in its hardware and software offerings. Analysts...