Bombardier Inc. (BBD-B:CA) (BDRBF)
CIBC has raised its target price on Bombardier Inc. to C$167.00 from the previous C$140.00, reflecting increased confidence in the company’s future performance. The upward revision is based on expectations that Bombardier will experience strong revenue growth in the coming year, supported by its robust business jet backlog, improved operating efficiency, and potential expansion in aftermarket services. The analyst views Bombardier’s strategic execution and order visibility as key catalysts for financial improvement, especially as demand for private aviation remains resilient.
Analysts maintain a consensus “Buy” rating on Bombardier Inc. reflecting confidence in the company’s growth trajectory. The average analyst 12-month target price forecast is C$145 per share, suggesting moderate downside from current levels.
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