Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Barton Wade Demosky Sells 1,000 Shares

Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Barton Wade Demosky sold 1,000 shares of the stock in a transaction dated Tuesday, June 3rd. The stock was sold at an average price of C$96.00, for a total transaction of C$96,000.00.

Barton Wade Demosky also recently made the following trade(s):

• On Thursday, May 29th, Barton Wade Demosky sold 6,000 shares of Bombardier, Inc. Class B stock. The stock was sold at an average price of C$95.00, for a total transaction of C$570,000.00.

Bombardier, Inc. Class B Trading Up 1.1%

BBD.B opened at C$100.64 on Friday. The stock has a market capitalization of C$8.71 billion, a PE ratio of 26.07, a PEG ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 1-year low of C$71.79 and a 1-year high of C$113.60. The firm has a 50-day moving average price of C$87.75 and a two-hundred day moving average price of C$89.65.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a “neutral” rating for the company in a research report on Thursday, February 20th. UBS Group increased their target price on shares of Bombardier, Inc. Class B from C$83.00 to C$91.00 in a research report on Friday, May 2nd. Desjardins dropped their target price on shares of Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. National Bankshares increased their target price on shares of Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the stock an “outperform” rating in a research report on Thursday, April 17th. Finally, BMO Capital Markets dropped their target price on shares of Bombardier, Inc. Class B from C$135.00 to C$130.00 and set an “outperform” rating for the company in a research report on Friday, May 2nd. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$113.67.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.