-- CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We increase our target price to CAD297 from CAD286. This is based on a blend of our 2027 EBITDA (13.0x, up from 12.5x) multiple target price (CAD297) and DCF target price (CAD296). We lower our 2026 EPS estimate to $7.57 from $7.64 and maintain our 2027 forecast of $9.00. We reduce our 2027 EBITDA margin expectation to mid-17% from 18% on supply chain and input cost concerns. The recent energy crisis still poses a threat to global demand and manufacturing margins. However, fractional operator orders and global flight hours suggest the business jet industry is currently thriving. A raise in FY 26 free cash flow guidance to $1B+ and $20B in backlog fortify the longer-term trend through what may be more transient input cost inflation or elevated supply chain issues. We continue to view Bombardier as a high quality story with strong execution in deal closings, delivery growth, Services and Defense business growth and balance sheet strength. Shares remain fairly valued, at worst, relative to peers.