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Insider Selling: Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Sells 6,000 Shares of Stock

Bombardier, Inc. Class B logo with Industrials background

Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) Senior Officer Barton Wade Demosky sold 6,000 shares of the business's stock in a transaction on Thursday, May 29th. 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

Shares of Bombardier, Inc. Class B stock traded up C$2.16 during trading on Tuesday, hitting C$95.93. 380,939 shares of the company's stock traded hands, compared to its average volume of 551,781. The company has a market cap of C$8.30 billion, a PE ratio of 24.85, a PEG ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a twelve month low of C$71.79 and a twelve month high of C$113.60. The firm's fifty day moving average price is C$86.36 and its 200 day moving average price is C$89.57.

Analyst Ratings Changes

BBD.B has been the topic of several research reports. National Bankshares increased their price objective on shares of 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. UBS Group increased their price objective on shares of Bombardier, Inc. Class B from C$83.00 to C$91.00 in a research note 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 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. Finally, CIBC raised their price target 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 issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$113.67.

Read Our Latest Stock Report on BBD.B

About Bombardier, Inc. Class B

(Get Free Report)

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

See Also

Insider Buying and Selling by Quarter for Bombardier, Inc. Class B (TSE:BBD.B)

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