Barton Wade Demosky Sells 4,000 Shares of Bombardier, Inc. Class B (TSE:BBD.B) Stock

Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) Senior Officer Barton Wade Demosky sold 4,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 18th. The stock was sold at an average price of C$107.50, for a total transaction of C$430,000.00.

Barton Wade Demosky also recently made the following trade(s):

• On Tuesday, June 3rd, Barton Wade Demosky sold 1,000 shares of Bombardier, Inc. Class B stock. The shares were sold at an average price of C$96.00, for a total transaction of C$96,000.00.
• On Thursday, May 29th, Barton Wade Demosky sold 6,000 shares of Bombardier, Inc. Class B stock. The shares were sold at an average price of C$95.00, for a total transaction of C$570,000.00.

Bombardier, Inc. Class B Price Performance

Bombardier, Inc. Class B stock traded up C$3.88 during mid-day trading on Friday, hitting C$110.48. 415,348 shares of the company's stock traded hands, compared to its average volume of 533,291. Bombardier, Inc. Class B has a fifty-two week low of C$71.79 and a fifty-two week high of C$113.60. The stock has a market cap of C$9.56 billion, a price-to-earnings ratio of 28.62, a P/E/G ratio of 6.26 and a beta of 2.98. The firm has a 50 day simple moving average of C$92.19 and a two-hundred day simple moving average of C$90.15.

Analyst Ratings Changes

BBD.B has been the subject of several analyst reports. TD Securities decreased their target price on shares of Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. BMO Capital Markets decreased their target price on shares of Bombardier, Inc. Class B from C$135.00 to C$130.00 and set an "outperform" rating for the company in a research note on Friday, May 2nd. Desjardins decreased their target price on shares of Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Royal Bank Of Canada raised their target price on shares of Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Finally, CIBC raised their target price on shares of Bombardier, Inc. Class B from C$106.00 to C$115.00 and gave the company an "outperform" rating in a research note on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of C$113.67.

About Bombardier, Inc. Class B

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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