07:50 AM EDT, 05/02/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We maintain our Buy rating on Bombardier but drop our target price to CAD98 from CAD104 on slightly weaker margin expansion expectations. This is based on an EV/EBITDA multiple of 7.5x our 2026 EBITDA forecast. We now expect to see EBITDA margins expand to 18% in 2026 versus 18.5% previously. This, in combination with slightly higher top line growth than expected previously, produces ~18% upside to the stock price. We decrease our EPS estimates slightly for 2025 to $5.61 and 2026 to $6.09 on updated margin expectations. While 2025 guidance appears to have underwhelmed the Street, we remain confident in the company's ability to execute in a difficult environment and think tariff de-escalation could lead to BBD reaching the upper ranges of its free cash flow guidance.