Bombardier, Inc. Class B (TSE:BBD.B - Free Report) had its target price raised by National Bank Financial to C$128.00 in a research note issued to investors on Thursday, Stock Target Advisor reports. National Bank Financial currently has an outperform rating on the stock.
Other research analysts also recently issued research reports about the company. Royal Bank of Canada increased their target price on Bombardier, Inc. Class B from C$99.00 to C$133.00 and gave the stock an outperform rating in a report on Tuesday, July 2nd. National Bankshares boosted their price target on Bombardier, Inc. Class B from C$92.00 to C$114.00 and gave the stock an outperform rating in a research report on Thursday, July 11th. Barclays boosted their target price on Bombardier, Inc. Class B from C$70.00 to C$90.00 in a report on Tuesday, July 30th. Citigroup lifted their price target on Bombardier, Inc. Class B from C$83.00 to C$103.00 and gave the company a buy rating in a research report on Tuesday, July 2nd. Finally, Scotiabank lifted their price target on shares of Bombardier, Inc. Class B from C$100.00 to C$120.00 in a research report on Thursday, July 18th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of Moderate Buy and a consensus price target of C$111.50.
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Bombardier, Inc. Class B Trading Up 1.9 %
TSE:BBD.B traded up C$2.10 during mid-day trading on Thursday, hitting C$110.46. The company had a trading volume of 532,230 shares, compared to its average volume of 444,506. Bombardier, Inc. Class B has a 1 year low of C$39.87 and a 1 year high of C$110.70. The business has a fifty day simple moving average of C$92.36 and a 200-day simple moving average of C$82.36. The firm has a market capitalization of C$9.56 billion, a price-to-earnings ratio of 28.62, a PEG ratio of 6.26 and a beta of 2.98.
Insider Buying and Selling
In related news, Senior Officer Barton Wade Demosky sold 6,000 shares of the company's stock in a transaction on Thursday, August 15th. The shares were sold at an average price of C$89.00, for a total transaction of C$534,000.00. In other news, Senior Officer Barton Wade Demosky sold 6,000 shares of the firm's stock in a transaction dated Thursday, August 15th. The shares were sold at an average price of C$89.00, for a total transaction of C$534,000.00. Also, Senior Officer Eve Laurier sold 4,000 shares of the firm's stock in a transaction dated Tuesday, August 27th. The stock was sold at an average price of C$91.57, for a total transaction of C$366,280.00. 1.66% of the stock is owned by insiders.
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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