Bombardier, Inc. Class B (TSE:BBD.B - Free Report) had its target price trimmed by CIBC from C$127.00 to C$126.00 in a research note released on Monday,BayStreet.CA reports.
BBD.B has been the topic of several other reports. 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 research report on Friday, November 1st. Royal Bank of Canada reduced their target price on shares of Bombardier, Inc. Class B from C$133.00 to C$130.00 in a research report on Wednesday, January 15th. BMO Capital Markets upped their target price on shares of Bombardier, Inc. Class B from C$129.00 to C$135.00 in a research note on Tuesday, January 7th. National Bankshares lifted their price target on shares of Bombardier, Inc. Class B from C$130.00 to C$134.00 and gave the stock an "outperform" rating in a research note on Thursday. Finally, TD Securities decreased their price objective on shares of Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research report on Friday, November 8th. Two analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of C$117.17.
View Our Latest Stock Report on BBD.B
Bombardier, Inc. Class B Trading Up 7.2 %
TSE:BBD.B traded up C$6.33 during mid-day trading on Monday, hitting C$94.57. The company had a trading volume of 668,936 shares, compared to its average volume of 453,303. Bombardier, Inc. Class B has a 1 year low of C$44.29 and a 1 year high of C$113.60. The business has a fifty day simple moving average of C$97.54 and a 200-day simple moving average of C$95.34. The firm has a market capitalization of C$8.18 billion, a price-to-earnings ratio of 24.50, a PEG 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 the firm's 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. Also, Senior Officer Daniel Brennan sold 19,676 shares of Bombardier, Inc. Class B stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$101.17, for a total transaction of C$1,990,650.43. Corporate insiders own 1.66% of the company's stock.
About Bombardier, Inc. Class B
(
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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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