Morningstar Initiates Coverage of Bombardier (TSE: BBD.B), Says Shares Are Undervalued
Morningstar picked up coverage of Bombardier (TSE: BBD.B) this afternoon, sees shares as undervalued compared to fair value estimate of $82 per share.
(Chicago, Illinois) Chicago-based investment research Morningstar has initiated coverage of Bombardier (TSE: BBD.B) with a “narrow economic moat rating,” noting that shares appear undervalued compared to its fair value estimate of $82 per share.
See Morningstar’s release here.
Photo courtesy of Bombardier.
** Not investment advice; The FLY Report is not a registered investment advisor.
