Bombardier, Inc. Class B (TSE:BBD.B - Get Free Report) had its target price decreased by National Bankshares from C$95.00 to C$92.00 in a research note issued on Friday, BayStreet.CA reports. The brokerage presently has an "outperform" rating on the stock. National Bankshares' price target indicates a potential upside of 44.22% from the stock's current price.
A number of other equities analysts also recently commented on the company. CIBC upped their target price on Bombardier, Inc. Class B from C$60.00 to C$61.00 and gave the company a "neutral" rating in a report on Friday, April 12th. Scotiabank decreased their target price on Bombardier, Inc. Class B from C$85.00 to C$83.00 and set an "outperform" rating for the company in a report on Wednesday, April 10th. Royal Bank of Canada set a C$95.00 price objective on Bombardier, Inc. Class B and gave the stock an "outperform" rating in a report on Thursday, April 4th. UBS Group increased their price objective on Bombardier, Inc. Class B from C$41.00 to C$44.00 in a report on Tuesday, April 2nd. Finally, TD Securities increased their price objective on Bombardier, Inc. Class B from C$102.00 to C$104.00 and gave the stock a "buy" rating in a report on Friday. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, Bombardier, Inc. Class B presently has an average rating of "Moderate Buy" and a consensus price target of C$82.00.
Get Our Latest Stock Report on BBD.B
Bombardier, Inc. Class B Stock Performance
BBD.B traded up C$2.05 during midday trading on Friday, hitting C$63.79. The stock had a trading volume of 590,109 shares, compared to its average volume of 438,076. The company has a market cap of C$5.44 billion, a P/E ratio of 9.98, a price-to-earnings-growth ratio of -0.13 and a beta of 2.96. The business has a fifty day moving average of C$55.20 and a 200 day moving average of C$51.61. Bombardier, Inc. Class B has a 1 year low of C$39.87 and a 1 year high of C$68.79.
Insider Transactions at Bombardier, Inc. Class B
In related news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of Bombardier, Inc. Class B 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. Corporate insiders own 1.66% of the company's stock.
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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