Eve Laurier 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 Eve Laurier sold 4,000 shares of the stock in a transaction on Friday, June 6th. The stock was sold at an average price of C$99.21, for a total value of C$396,827.20.

Eve Laurier also recently made the following trade(s):

• On Monday, June 9th, Eve Laurier sold 4,000 shares of Bombardier, Inc. Class B stock. The stock was sold at an average price of C$99.26, for a total value of C$397,032.40.

Bombardier, Inc. Class B Stock Up 0.2%

Shares of TSE BBD.B traded up C$0.20 during trading hours on Thursday, reaching C$103.52. 325,051 shares of the stock traded hands, compared to its average volume of 545,709. The company has a market capitalization of C$8.96 billion, a P/E ratio of 26.82, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. 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 simple moving average is C$89.62 and its two-hundred day simple moving average is C$89.91.

Analysts Set New Price Targets

Several research analysts have commented on BBD.B shares. Royal Bank of Canada raised their target price on 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. Desjardins cut their target price on 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. CIBC raised their target price on 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. National Bankshares raised their target price on Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the stock an "outperform" rating in a research note on Thursday, April 17th. Finally, UBS Group raised their price target on Bombardier, Inc. Class B from C$83.00 to C$91.00 in a report on Friday, May 2nd. Three investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the company currently has an average 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.