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22 stories mentioning BBD-B.TO

Every FINWIRES story that references BBD-B.TO, newest first.

Mining & Metals

Bombardier To Deploy AI Solutions For Its Business Jets Through "Multi Year, Multimillion-dollar" Deal With CoLab

Canadian plane maker Bombardier (BBD-B.TO, BBD-A.TO) will deploy artificial intelligence solutions to support the design and manufacturing processes of its business jets, CoLab AI Inc said Thursday in announcing a "multi year, multimillion-dollar" agreement between the two companies."Integrating advanced artificial intelligence into our design and engineering processes will further strengthen our ability to deliver world class business jets for our customers and will enable our teams to make engineering decisions based on vast amounts of data in real time," said Eric Filion, Executive Vice President of Programs and Supply Chain at Bombardier.Bombardier was last seen down 1.3% or 3.3% at $247.23.Price: $248.07, Change: $-2.52, Percent Change: -1.01%

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Mining & Metals

Bombardier Price Target Raised to $298.00 at RBC on Defence Momentum

RBC Capital Markets analyst James McGarragle raised his price target on the shares of Bombardier (BBD-B.TO) by $11.00 to $298.00 and reiterated his outperform rating.McGarragle is maintaining his first-quarter EBITDA forecast at $245 million, below consensus of $252 million.RBC's valuation multiple moves to 13.5x from 13x on continued defense momentum and solid demand signals, writes McGarragle. " We see runway for Bombardier to compound FCF at greater than a low-teen CAGR well into the 2030s - a compelling investment opportunity, in our view, for shares trading at a ~5% FCF yield."Price: $255.99, Change: $-2.03, Percent Change: -0.79%

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