Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report)'s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$92.44 and traded as high as C$93.19. Bombardier, Inc. Class B shares last traded at C$92.37, with a volume of 275,125 shares changing hands.
Analyst Ratings Changes
A number of research analysts have issued reports on BBD.B shares. Desjardins cut their target price on shares of Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a "buy" rating on the stock in a research report on Friday. Royal Bank of Canada lifted their target price on shares of Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the stock an "outperform" rating in a report on Friday. National Bankshares upped their target price on shares of Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the company an "outperform" rating in a research report on Thursday, April 17th. BMO Capital Markets reduced their price target on Bombardier, Inc. Class B from C$135.00 to C$130.00 and set an "outperform" rating on the stock in a research report on Friday. Finally, TD Securities dropped their price objective on Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a "buy" rating for the company in a report on Friday. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$113.67.
Get Our Latest Analysis on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Performance
The company's fifty day simple moving average is C$83.68 and its two-hundred day simple moving average is C$92.17. The stock has a market capitalization of C$7.37 billion, a P/E ratio of 22.08, a PEG ratio of 6.26 and a beta of 2.98.
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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