Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Barton Wade Demosky Sells 1,000 Shares

Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) Senior Officer Barton Wade Demosky sold 1,000 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of C$96.00, for a total value of C$96,000.00.

Barton Wade Demosky also recently made the following trade(s):

• On Thursday, May 29th, Barton Wade Demosky sold 6,000 shares of Bombardier, Inc. Class B stock. The shares were sold at an average price of C$95.00, for a total value of C$570,000.00.

Bombardier, Inc. Class B Stock Up 1.1%

TSE BBD.B traded up C$1.11 during trading hours on Friday, hitting C$100.64. 365,970 shares of the stock were exchanged, compared to its average volume of 548,373. The company 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 has a 12-month low of C$71.79 and a 12-month high of C$113.60. The stock has a 50-day moving average of C$87.75 and a 200 day moving average of C$89.65.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on BBD.B shares. 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 report on Thursday, February 20th. UBS Group increased their target price on Bombardier, Inc. Class B from C$83.00 to C$91.00 in a report on Friday, May 2nd. BMO Capital Markets decreased their price objective 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 note on Friday, May 2nd. TD Securities decreased their price objective on shares of Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, CIBC upped 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 note on Friday, May 2nd. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. According to data from MarketBeat.com, Bombardier, Inc. Class B presently has a consensus rating of "Moderate Buy" and an average target price of C$113.67.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.