Bombardier, Inc. Class B (TSE:BBD.B - Free Report) had its target price lifted by National Bankshares from C$115.00 to C$171.00 in a research note released on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.
A number of other equities analysts have also weighed in on the stock. TD Securities lifted their price objective on shares of Bombardier, Inc. Class B from C$128.00 to C$151.00 and gave the company a "buy" rating in a research report on Thursday. 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 stock an "outperform" rating in a research note on Friday, May 2nd. UBS Group boosted their price target on shares of Bombardier, Inc. Class B from C$83.00 to C$91.00 in a research note on Friday, May 2nd. CIBC raised their price objective on shares of Bombardier, Inc. Class B from C$115.00 to C$140.00 and gave the company an "outperform" rating in a research report on Thursday. Finally, Scotiabank raised Bombardier, Inc. Class B from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from C$105.00 to C$150.00 in a report on Wednesday. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of C$130.08.
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Bombardier, Inc. Class B Price Performance
Shares of BBD.B stock traded up C$1.73 during midday trading on Thursday, hitting C$149.75. The company had a trading volume of 233,520 shares, compared to its average volume of 555,704. The stock has a market cap of C$12.95 billion, a price-to-earnings ratio of 38.80, a PEG ratio of 6.26 and a beta of 2.98. The company's 50 day simple moving average is C$100.72 and its 200 day simple moving average is C$91.75. Bombardier, Inc. Class B has a 52-week low of C$71.79 and a 52-week high of C$149.84.
Insider Buying and Selling
In related news, Senior Officer Jean-Christophe Gallagher sold 22,000 shares of the firm's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of C$94.79, for a total value of C$2,085,358.00. Also, Director Eric Martel sold 34,678 shares of Bombardier, Inc. Class B stock in a transaction on Monday, June 16th. The stock was sold at an average price of C$104.91, for a total value of C$3,638,204.22. Insiders sold a total of 124,838 shares of company stock valued at $12,420,520 in the last 90 days. 1.66% of the stock is owned by corporate insiders.
Bombardier, Inc. Class B Company Profile
(
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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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