Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) Senior Officer Eve Laurier sold 4,000 shares of the company's stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of C$99.21, for a total value of C$396,827.20.
Bombardier, Inc. Class B Stock Up 5.6%
Shares of TSE BBD.B traded up C$5.62 during mid-day trading on Monday, reaching C$106.26. 490,857 shares of the company were exchanged, compared to its average volume of 547,709. Bombardier, Inc. Class B has a 52 week low of C$71.79 and a 52 week high of C$113.60. The company's 50 day moving average price is C$87.75 and its 200 day moving average price is C$89.64. The stock has a market capitalization of C$9.19 billion, a PE ratio of 27.53, a PEG ratio of 6.26 and a beta of 2.98.
Wall Street Analyst Weigh In
BBD.B has been the subject of several research reports. JPMorgan Chase & Co. cut their price target on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a "neutral" rating for the company in a research note on Thursday, February 20th. CIBC lifted their target price on shares of Bombardier, Inc. Class B from C$106.00 to C$115.00 and gave the stock an "outperform" rating in a research note on Friday, May 2nd. TD Securities dropped their price target on shares of Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. UBS Group raised their price objective on shares of Bombardier, Inc. Class B from C$83.00 to C$91.00 in a report on Friday, May 2nd. Finally, National Bankshares boosted their target price on shares of Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the company an "outperform" rating in a report on Thursday, April 17th. Three 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 presently has an average rating of "Moderate Buy" and an average target price of C$113.67.
Read Our Latest Stock Analysis on BBD.B
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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