Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$89.17 and traded as high as C$91.48. Bombardier, Inc. Class B shares last traded at C$90.74, with a volume of 458,056 shares traded.
Wall Street Analyst Weigh In
Several research firms have weighed in on BBD.B. National Bank Financial raised their price objective on shares of Bombardier, Inc. Class B to C$128.00 and gave the company an "outperform" rating in a research report on Thursday, October 10th. CIBC decreased their price objective on Bombardier, Inc. Class B from C$134.00 to C$131.00 in a research report on Friday, November 8th. Scotiabank downgraded Bombardier, Inc. Class B from an "outperform" rating to a "sector perform" rating and set a C$120.00 target price for the company. in a research report on Friday, November 1st. Barclays lifted their price objective on Bombardier, Inc. Class B from C$70.00 to C$90.00 in a research report on Tuesday, July 30th. Finally, National Bankshares raised 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 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, Bombardier, Inc. Class B has a consensus rating of "Moderate Buy" and a consensus target price of C$114.33.
Get Our Latest Stock Analysis on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Up 0.3 %
The stock has a market capitalization of C$7.85 billion, a P/E ratio of 23.51, a P/E/G ratio of 6.26 and a beta of 2.98. The stock has a 50 day simple moving average of C$99.43 and a two-hundred day simple moving average of C$89.17.
Insiders Place Their Bets
In other news, Senior Officer Eve Laurier sold 4,000 shares of the stock in a transaction that occurred on Tuesday, August 27th. The stock was sold at an average price of C$91.57, for a total transaction of C$366,280.00. Insiders own 1.66% of the company's stock.
About Bombardier, Inc. Class B
(
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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