Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$135.00 at BMO Capital Markets

Bombardier, Inc. Class B (TSE:BBD.B - Free Report) had its price target upped by BMO Capital Markets from C$129.00 to C$135.00 in a report released on Tuesday,BayStreet.CA reports.

BBD.B has been the topic of several other reports. CIBC lowered their price target on shares of Bombardier, Inc. Class B from C$132.00 to C$127.00 and set an "outperform" rating on the stock in a research report on Monday, December 23rd. National Bankshares increased their price target on shares of Bombardier, Inc. Class B from C$128.00 to C$130.00 in a research note on Friday, November 8th. National Bank Financial increased their price target on shares of Bombardier, Inc. Class B to C$128.00 and gave the stock an "outperform" rating in a research note on Thursday, October 10th. TD Securities cut their target price on shares of Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research note on Friday, November 8th. Finally, Scotiabank downgraded shares of Bombardier, Inc. Class B from an "outperform" rating to a "sector perform" rating and set a C$120.00 target price on the stock. in a research note on Friday, November 1st. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of C$114.50.

Bombardier, Inc. Class B Price Performance

Shares of TSE:BBD.B traded up C$0.84 on Tuesday, reaching C$100.58. The company's stock had a trading volume of 246,799 shares, compared to its average volume of 296,980. The stock's 50-day moving average is C$99.75 and its two-hundred day moving average is C$95.05. Bombardier, Inc. Class B has a 52-week low of C$44.29 and a 52-week high of C$113.60. The stock has a market capitalization of C$8.70 billion, a P/E ratio of 26.06, a PEG ratio of 6.26 and a beta of 2.98.

Insider Buying and Selling at Bombardier, Inc. Class B

In other news, Senior Officer Daniel Brennan sold 19,676 shares of Bombardier, Inc. Class B stock in a transaction that occurred on Thursday, December 5th. The shares were sold at an average price of C$101.17, for a total value of C$1,990,650.43. Also, Senior Officer Barton Wade Demosky sold 5,000 shares of the business's stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$104.33, for a total transaction of C$521,650.00. Corporate insiders own 1.66% of the company's stock.

About Bombardier, Inc. Class B

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.