Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) Senior Officer Daniel Brennan sold 28,038 shares of Bombardier, Inc. Class B stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of C$70.00, for a total transaction of C$1,962,660.00.
Bombardier, Inc. Class B Stock Down 1.9 %
TSE:BBD.B traded down C$1.38 during trading hours on Wednesday, reaching C$72.18. 575,008 shares of the stock were exchanged, compared to its average volume of 457,045. Bombardier, Inc. Class B has a 52 week low of C$39.87 and a 52 week high of C$74.42. The stock has a market capitalization of C$6.16 billion, a P/E ratio of 11.30, a P/E/G ratio of -0.13 and a beta of 2.96. The firm has a 50 day simple moving average of C$58.42 and a 200-day simple moving average of C$53.08.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on BBD.B shares. TD Securities lifted their price target on shares of Bombardier, Inc. Class B from C$104.00 to C$105.00 and gave the stock a "buy" rating in a report on Thursday, May 2nd. National Bankshares cut their price target on Bombardier, Inc. Class B from C$95.00 to C$92.00 and set an "outperform" rating for the company in a report on Friday, April 26th. Desjardins raised their price objective on Bombardier, Inc. Class B from C$101.00 to C$102.00 and gave the stock a "buy" rating in a report on Thursday, May 2nd. Royal Bank of Canada upped their target price on 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, 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 note on Thursday, May 2nd. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of C$87.56.
Read Our Latest Report on Bombardier, Inc. Class B
About Bombardier, Inc. Class B
(
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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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