Bombardier Inc. (BBD-B:CA) Desjardins Securities Raises Target Forecast to $260

Desjardins Securities raised its price target on Bombardier’s stock to $260.00 from $239.00 and reiterated its Buy rating, reflecting increased confidence in the company’s earnings trajectory and balance sheet strength. The valuation increase incorporates improved visibility on Bombardier’s business jet delivery schedule, sustained demand for its Global and Challenger aircraft platforms, and continued execution on margin expansion initiatives. Analysts also point to Bombardier’s ongoing deleveraging progress, supported by strong free cash flow generation and disciplined capital allocation, which has reduced financial risk and enhanced equity value. As a result, Bombardier is well positioned to benefit from resilient corporate and ultra-high-net-worth travel demand, with operational momentum underpinning further upside in the shares.