Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report)'s stock price crossed 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 traded.
Analyst Ratings Changes
Several analysts have recently commented on BBD.B shares. CIBC increased 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 report on Friday, May 2nd. UBS Group upped their price target on Bombardier, Inc. Class B from C$83.00 to C$91.00 in a research note on Friday, May 2nd. Desjardins cut their price target on Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a "buy" rating on the stock in a research note 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 company an "outperform" rating in a research note on Friday, May 2nd. Finally, National Bankshares upped their price target on Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the company an "outperform" rating in a research note on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of C$113.67.
View Our Latest Research Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Performance
The stock has a 50-day moving average of C$87.75 and a 200-day moving average of C$89.65. The firm has a market cap of C$8.71 billion, a price-to-earnings ratio of 26.07, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98.
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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