Shares of Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) passed above its 200-day moving average during trading on Monday after an insider bought additional shares in the company. The stock has a 200-day moving average of C$89.57 and traded as high as C$96.15. Bombardier, Inc. Class B shares last traded at C$93.77, with a volume of 379,683 shares trading hands.
Analyst Ratings Changes
Several research firms have commented on BBD.B. BMO Capital Markets decreased their price target on shares of Bombardier, Inc. Class B from C$135.00 to C$130.00 and set an "outperform" rating for the company in a research report on Friday, May 2nd. Royal Bank of Canada upped their price target on Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the stock an "outperform" rating in a research report on Friday, May 2nd. National Bankshares increased their price objective on 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. JPMorgan Chase & Co. dropped their target price on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a "neutral" rating on the stock in a research note on Thursday, February 20th. Finally, TD Securities reduced their target price on Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat.com, Bombardier, Inc. Class B currently has a consensus rating of "Moderate Buy" and an average price target of C$113.67.
Check Out Our Latest Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Up 2.2%
The stock has a market capitalization of C$8.61 billion, a price-to-earnings ratio of 25.78, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. The business's 50-day moving average is C$86.99 and its two-hundred day moving average is C$89.54.
Bombardier, Inc. Class B Company Profile
(
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.
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