Barton Wade Demosky Sells 5,000 Shares of Bombardier, Inc. Class B (TSE:BBD.B) Stock

Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Barton Wade Demosky sold 5,000 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of C$104.33, for a total value of C$521,650.00.

Bombardier, Inc. Class B Stock Performance

Shares of TSE BBD.B traded down C$0.71 during mid-day trading on Wednesday, reaching C$103.79. 95,219 shares of the company traded hands, compared to its average volume of 438,798. The stock has a market cap of C$8.98 billion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. The company’s fifty day moving average is C$102.29 and its two-hundred day moving average is C$92.79. Bombardier, Inc. Class B has a fifty-two week low of C$44.29 and a fifty-two week high of C$113.60.

Analyst Upgrades and Downgrades

BBD.B has been the topic of several research analyst reports. National Bank Financial increased their price target on shares of Bombardier, Inc. Class B to C$128.00 and gave the stock an “outperform” rating in a research report on Thursday, October 10th. TD Securities cut their price target on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a report on Friday, November 8th. Scotiabank downgraded Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 target price on the stock. in a research note on Friday, November 1st. National Bankshares lifted their price objective on shares of Bombardier, Inc. Class B from C$128.00 to C$130.00 in a research note on Friday, November 8th. Finally, CIBC lifted their price objective on shares of Bombardier, Inc. Class B from C$131.00 to C$132.00 in a research note on Wednesday, December 4th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Bombardier, Inc. Class B has a consensus rating of “Moderate Buy” and a consensus target price of C$114.42.

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.