Bombardier, Inc. Class B (TSE:BBD.B - Free Report) had its price objective upped by UBS Group from C$128.00 to C$173.00 in a research report report published on Friday,BayStreet.CA reports.
Other equities analysts have also issued reports about the stock. JPMorgan Chase & Co. upped their target price on shares of Bombardier, Inc. Class B from C$100.00 to C$135.00 in a research report on Wednesday, July 16th. National Bankshares increased their price objective on shares of Bombardier, Inc. Class B from C$115.00 to C$171.00 and gave the company an "outperform" rating in a report on Thursday, July 3rd. Royal Bank Of Canada increased their price objective on shares of Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the company an "outperform" rating in a report on Friday, May 2nd. TD Securities downgraded shares of Bombardier, Inc. Class B from a "buy" rating to a "hold" rating and upped their target price for the company from C$151.00 to C$173.00 in a research note on Tuesday, July 22nd. Finally, Citigroup raised their price objective on shares of Bombardier, Inc. Class B from C$109.00 to C$195.00 and gave the stock a "buy" rating in a report on Monday, July 21st. Three investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Bombardier, Inc. Class B currently has an average rating of "Moderate Buy" and a consensus target price of C$175.82.
View Our Latest Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Trading Down 0.4%
TSE BBD.B traded down C$0.64 on Friday, reaching C$163.23. The company's stock had a trading volume of 144,276 shares, compared to its average volume of 562,717. The firm has a market cap of C$14.12 billion, a PE ratio of 42.29, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 52 week low of C$71.79 and a 52 week high of C$169.68. The business has a 50-day moving average price of C$131.13 and a 200 day moving average price of C$101.38.
Insider Activity
In related news, Director Eric Martel sold 34,678 shares of Bombardier, Inc. Class B stock in a transaction on Monday, June 16th. The shares were sold at an average price of C$104.91, for a total value of C$3,638,204.22. Also, Senior Officer Daniel Brennan sold 11,206 shares of Bombardier, Inc. Class B stock in a transaction on Tuesday, May 20th. The stock was sold at an average price of C$92.00, for a total transaction of C$1,030,952.00. In the last three months, insiders sold 124,838 shares of company stock valued at $12,420,520. 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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