Bombardier, Inc. Class B (TSE:BBD.B) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) have been assigned an average recommendation of “Moderate Buy” from the ten analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$106.40.

BBD.B has been the subject of a number of recent analyst reports. Royal Bank of Canada upped their price objective on Bombardier, Inc. Class B from C$99.00 to C$133.00 and gave the company an “outperform” rating in a research note on Tuesday, July 2nd. TD Securities upped their price target on Bombardier, Inc. Class B from C$105.00 to C$127.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Scotiabank upped their price target on Bombardier, Inc. Class B from C$90.00 to C$100.00 and gave the company an “outperform” rating in a research report on Thursday, May 23rd. National Bankshares dropped their price target on Bombardier, Inc. Class B from C$95.00 to C$92.00 and set an “outperform” rating on the stock in a research report on Friday, April 26th. Finally, Desjardins upped their price target on Bombardier, Inc. Class B from C$102.00 to C$143.00 and gave the company a “buy” rating in a research report on Thursday, June 6th.

Read Our Latest Stock Report on Bombardier, Inc. Class B

Bombardier, Inc. Class B Price Performance

Shares of TSE:BBD.B opened at C$92.89 on Thursday. The company has a market capitalization of C$7.92 billion, a PE ratio of 24.84, a price-to-earnings-growth ratio of -0.13 and a beta of 2.99. The business has a fifty day moving average price of C$84.34 and a two-hundred day moving average price of C$64.68. Bombardier, Inc. Class B has a 1 year low of C$39.87 and a 1 year high of C$94.24.

Insider Buying and Selling

In other Bombardier, Inc. Class B news, Senior Officer Eve Laurier sold 7,871 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of C$87.33, for a total value of C$687,377.58. In other Bombardier, Inc. Class B news, Senior Officer Eve Laurier sold 7,871 shares of the company’s stock in a transaction dated Friday, June 21st. The stock was sold at an average price of C$87.33, for a total value of C$687,377.58. Also, Senior Officer Daniel Brennan sold 48,010 shares of the company’s stock in a transaction dated Tuesday, June 11th. The stock was sold at an average price of C$89.02, for a total value of C$4,273,941.42. In the last quarter, insiders have sold 83,919 shares of company stock valued at $6,923,979. Corporate insiders own 1.66% of the company’s stock.

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.

See Also

Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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