Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) Senior Officer Daniel Brennan sold 19,676 shares of the business's stock in a transaction that occurred 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.
Bombardier, Inc. Class B Price Performance
TSE BBD.B traded up C$2.95 during mid-day trading on Friday, hitting C$107.04. The company's stock had a trading volume of 493,349 shares, compared to its average volume of 440,818. The firm has a market capitalization of C$9.26 billion, a P/E ratio of 27.73, a price-to-earnings-growth 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 stock's fifty day simple moving average is C$102.00 and its two-hundred day simple moving average is C$92.49.
Analyst Upgrades and Downgrades
Several research firms have recently commented on BBD.B. CIBC increased their price target on shares of Bombardier, Inc. Class B from C$131.00 to C$132.00 in a research report on Wednesday. National Bank Financial increased their target price on Bombardier, Inc. Class B to C$128.00 and gave the company an "outperform" rating in a report on Thursday, October 10th. Scotiabank cut 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. TD Securities decreased their price objective on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research note on Friday, November 8th. Finally, National Bankshares boosted their target price on shares of Bombardier, Inc. Class B from C$128.00 to C$130.00 in a research note on Friday, November 8th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$114.42.
Get Our Latest Stock Analysis on Bombardier, Inc. Class B
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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