Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$244.12 and traded as high as C$270.88. Bombardier, Inc. Class B shares last traded at C$266.77, with a volume of 417,178 shares trading hands.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. National Bank Financial raised their price target on shares of Bombardier, Inc. Class B from C$286.00 to C$296.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Royal Bank Of Canada raised their price target on shares of Bombardier, Inc. Class B from C$298.00 to C$332.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Desjardins raised their price target on shares of Bombardier, Inc. Class B from C$304.00 to C$324.00 and gave the stock a “buy” rating in a research report on Friday, May 1st. UBS Group raised their price target on shares of Bombardier, Inc. Class B from C$253.00 to C$315.00 in a research report on Friday, May 1st. Finally, BMO Capital Markets raised their price target on shares of Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research report on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of C$278.08.
Get Our Latest Analysis on BBD.B
Bombardier, Inc. Class B Trading Up 1.9%
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.
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