Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$94.92 and traded as high as C$98.98. Bombardier, Inc. Class B shares last traded at C$96.71, with a volume of 286,727 shares trading hands.
Analysts Set New Price Targets
Several research firms recently commented on BBD.B. National Bank Financial raised 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. Scotiabank lowered Bombardier, Inc. Class B from an "outperform" rating to a "sector perform" rating and set a C$120.00 price target on the stock. in a report on Friday, November 1st. National Bankshares upped their price objective on shares of Bombardier, Inc. Class B from C$128.00 to C$130.00 in a report on Friday, November 8th. TD Securities lowered 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, CIBC dropped 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. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of C$114.00.
View Our Latest Research Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Trading Up 3.5 %
The business's 50-day simple moving average is C$100.13 and its 200-day simple moving average is C$94.92. The company has a market cap of C$8.66 billion, a PE ratio of 25.93, a P/E/G ratio of 6.26 and a beta of 2.98.
Insider Transactions at Bombardier, Inc. Class B
In other news, Senior Officer Barton Wade Demosky sold 5,000 shares of Bombardier, Inc. Class B stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of C$104.33, for a total value of C$521,650.00. Also, Senior Officer Daniel Brennan sold 19,676 shares of the business's stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$101.17, for a total transaction of C$1,990,650.43. 1.66% of the stock is currently owned by company insiders.
Bombardier, Inc. Class B Company Profile
(
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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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