Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as C$79.99 and last traded at C$79.52, with a volume of 112191 shares changing hands. The stock had previously closed at C$79.09.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on BBD.B shares. BMO Capital Markets raised their price target on Bombardier, Inc. Class B from C$85.00 to C$95.00 and gave the stock an "outperform" rating in a research report on Thursday, May 2nd. TD Securities boosted their target price on shares of Bombardier, Inc. Class B from C$104.00 to C$105.00 and gave the company a "buy" rating in a research report on Thursday, May 2nd. UBS Group increased their price target on shares of Bombardier, Inc. Class B from C$41.00 to C$44.00 in a research report on Tuesday, April 2nd. Royal Bank of Canada lifted their price objective on shares of Bombardier, Inc. Class B from C$95.00 to C$99.00 and gave the company an "outperform" rating in a research note on Thursday, May 2nd. Finally, CIBC upgraded Bombardier, Inc. Class B from a "neutral" rating to an "outperform" rating and upped their target price for the stock from C$67.00 to C$91.00 in a research note on Thursday, May 2nd. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$87.56.
Check Out Our Latest Stock Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Down 0.4 %
The stock has a market capitalization of C$6.72 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of -0.13 and a beta of 2.96. The company has a 50 day simple moving average of C$62.86 and a 200-day simple moving average of C$55.10.
Insider Activity at Bombardier, Inc. Class B
In other news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the company's stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of C$59.00, for a total transaction of C$767,039.00. In related news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the firm's stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$59.00, for a total value of C$767,039.00. Also, Senior Officer Daniel Brennan sold 28,038 shares of the business's stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of C$70.00, for a total value of C$1,962,660.00. 1.66% of the stock is currently owned by corporate insiders.
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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