Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-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.
Wall Street Analyst Weigh In
A number of analysts have weighed in on the company. Desjardins reduced their target price 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. BMO Capital Markets reduced their price target on shares of Bombardier, Inc. Class B from C$135.00 to C$130.00 and set an "outperform" rating on the stock in a research note on Friday. CIBC boosted their price objective 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 report on Friday. Citigroup reduced their target price on shares of Bombardier, Inc. Class B from C$113.00 to C$107.00 in a research report on Monday, February 3rd. Finally, National Bankshares boosted 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 report on Thursday, April 17th. Three research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of C$113.67.
Get Our Latest Analysis on BBD.B
Bombardier, Inc. Class B Trading Up 3.9 %
The stock has a market capitalization of C$7.42 billion, a P/E ratio of 22.22, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. The company has a 50-day moving average price of C$83.67 and a 200 day moving average price of C$92.04.
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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