Eric Martel Sells 14,200 Shares of Bombardier, Inc. Class B (TSE:BBD.B) Stock

Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) Director Eric Martel sold 14,200 shares of the stock in a transaction dated Wednesday, June 11th. The stock was sold at an average price of C$103.99, for a total transaction of C$1,476,706.28.

Bombardier, Inc. Class B Stock Up 0.2%

BBD.B stock traded up C$0.20 during midday trading on Thursday, hitting C$103.52. The company's stock had a trading volume of 325,051 shares, compared to its average volume of 545,709. The company has a 50 day moving average of C$89.62 and a two-hundred day moving average of C$89.91. Bombardier, Inc. Class B has a 12 month low of C$71.79 and a 12 month high of C$113.60. The firm has a market capitalization of C$8.96 billion, a price-to-earnings ratio of 26.82, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98.

Analyst Ratings Changes

Several brokerages recently issued reports on BBD.B. Desjardins reduced their price target on shares of Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. UBS Group upped their price objective on Bombardier, Inc. Class B from C$83.00 to C$91.00 in a research report on Friday, May 2nd. Royal Bank of Canada raised their price target on shares of Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. JPMorgan Chase & Co. cut their price objective on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a "neutral" rating for the company in a report on Thursday, February 20th. Finally, CIBC upped 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 report on Friday, May 2nd. Three research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of C$113.67.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.