Shares of Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$80.33 and traded as high as C$102.20. Bombardier, Inc. Class B shares last traded at C$101.01, with a volume of 219,429 shares traded.
Wall Street Analyst Weigh In
A number of research analysts have weighed in on BBD.B shares. Scotiabank upped their target price on Bombardier, Inc. Class B from C$100.00 to C$120.00 in a report on Thursday, July 18th. National Bankshares upped 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 note on Thursday, July 11th. Citigroup upped their price target on Bombardier, Inc. Class B from C$83.00 to C$103.00 and gave the stock a "buy" rating in a research note on Tuesday, July 2nd. Royal Bank of Canada upped their price target on Bombardier, Inc. Class B from C$99.00 to C$133.00 and gave the stock an "outperform" rating in a research note on Tuesday, July 2nd. Finally, Desjardins upped their price target on Bombardier, Inc. Class B from C$102.00 to C$143.00 and gave the stock a "buy" rating in a research note on Thursday, June 6th. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of C$110.00.
Check Out Our Latest Research Report on BBD.B
Bombardier, Inc. Class B Stock Performance
The firm has a fifty day moving average price of C$91.19 and a two-hundred day moving average price of C$80.48. The stock has a market capitalization of C$9.03 billion, a P/E ratio of 26.30, a PEG ratio of 6.26 and a beta of 2.98.
Insider Transactions at Bombardier, Inc. Class B
In other Bombardier, Inc. Class B news, 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. In other Bombardier, Inc. Class B news, Senior Officer Eve Laurier sold 4,000 shares of Bombardier, Inc. Class B stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$91.57, for a total value of C$366,280.00. Also, Senior Officer Barton Wade Demosky sold 6,000 shares of Bombardier, Inc. Class B stock in a transaction on Thursday, August 15th. The stock was sold at an average price of C$89.00, for a total transaction of C$534,000.00. Corporate 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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