Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) had its target price dropped by equities researchers at Citigroup from C$113.00 to C$107.00 in a note issued to investors on Monday,BayStreet.CA reports. Citigroup's price objective would suggest a potential upside of 28.68% from the stock's current price.
A number of other research firms also recently issued reports on BBD.B. BMO Capital Markets upped their price target on shares of Bombardier, Inc. Class B from C$129.00 to C$135.00 in a research note on Tuesday, January 7th. Scotiabank downgraded shares of Bombardier, Inc. Class B from an "outperform" rating to a "sector perform" rating and set a C$120.00 price target for the company. in a report on Friday, November 1st. Royal Bank of Canada reduced their price objective on Bombardier, Inc. Class B from C$133.00 to C$130.00 in a research note on Wednesday, January 15th. UBS Group raised their price objective on Bombardier, Inc. Class B from C$70.00 to C$76.00 in a research note on Wednesday, January 15th. Finally, National Bank Financial boosted their target price on Bombardier, Inc. Class B to C$128.00 and gave the company an "outperform" rating in a research report on Thursday, October 10th. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, Bombardier, Inc. Class B presently has a consensus rating of "Moderate Buy" and a consensus target price of C$112.33.
Read Our Latest Research Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Performance
TSE:BBD.B traded up C$3.29 during trading hours on Monday, reaching C$83.15. The stock had a trading volume of 887,640 shares, compared to its average volume of 617,195. The stock has a market capitalization of C$7.19 billion, a PE ratio of 21.54, a PEG ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 52 week low of C$44.29 and a 52 week high of C$113.60. The company has a 50 day moving average price of C$94.54 and a two-hundred day moving average price of C$95.28.
Insider Activity
In other Bombardier, Inc. Class B news, Senior Officer Daniel Brennan sold 19,676 shares of the company's stock in a transaction on Thursday, December 5th. The stock was 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 Bombardier, Inc. Class B stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$104.33, for a total value of C$521,650.00. Insiders own 1.66% of the company's stock.
Bombardier, Inc. Class B Company Profile
(
Get Free Report)
Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.
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