Finance

Analysts Raise Bombardier Price Target: A Bold Move Amidst Tariff Challenges!

2025-05-01

Author: Sophie

In a significant boost for Bombardier, National Bank analyst Doerksen has upgraded the company's valuation from 6.5x to 7.0x based on the EV/EBITDA ratio. This positive shift reflects a brighter outlook for Bombardier as it successfully navigates through tariff challenges.

Doerksen highlights key factors driving this upgrade, including Bombardier's "solid" order backlog. A notable number of these orders come from the more stable high-end jet segment, ensuring consistent demand.

Moreover, Bombardier's expanding after-market business plays a crucial role in reducing cyclicality, further strengthening its market position. With these strategic advantages, analysts are optimistic about the company’s long-term growth prospects.