Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$132.81 and traded as high as C$195.24. Bombardier, Inc. Class B shares last traded at C$194.11, with a volume of 300,629 shares traded.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the company. Royal Bank Of Canada upped their price objective on Bombardier, Inc. Class B from C$202.00 to C$230.00 and gave the stock an "outperform" rating in a research report on Thursday, October 9th. CIBC upped their price objective on Bombardier, Inc. Class B from C$181.00 to C$222.00 in a research report on Wednesday, October 8th. UBS Group upped their price objective on Bombardier, Inc. Class B from C$128.00 to C$173.00 in a research report on Friday, August 1st. National Bankshares increased their target price on Bombardier, Inc. Class B from C$179.00 to C$216.00 and gave the company an "outperform" rating in a report on Friday, September 26th. Finally, TD Securities increased their target price on Bombardier, Inc. Class B from C$173.00 to C$180.00 and gave the company a "hold" rating in a report on Friday, August 1st. Seven analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of C$195.20.
Check Out Our Latest Stock Analysis on BBD.B
Bombardier, Inc. Class B Stock Up 2.0%
The firm has a fifty day simple moving average of C$174.27 and a 200-day simple moving average of C$132.81. The company has a market cap of C$19.25 billion, a PE ratio of 44.62, a price-to-earnings-growth ratio of 6.26 and a beta of 1.85.
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.
Further Reading
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