Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) Senior Officer Jean-Christophe Gallagher sold 7,227 shares of the business’s stock in a transaction dated Tuesday, May 13th. The stock was sold at an average price of C$91.35, for a total value of C$660,186.45.
Bombardier, Inc. Class B Stock Up 1.8%
TSE BBD.B opened at C$91.66 on Friday. The company has a 50-day simple moving average of C$84.58 and a two-hundred day simple moving average of C$90.44. Bombardier, Inc. Class B has a 12-month low of C$71.79 and a 12-month high of C$113.60. The firm has a market cap of C$7.93 billion, a price-to-earnings ratio of 23.75, a PEG ratio of 6.26 and a beta of 2.98.
Analyst Ratings Changes
Several equities research analysts have issued reports on the stock. TD Securities dropped their target price on shares of Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. CIBC lifted their price objective on shares of Bombardier, Inc. Class B from C$106.00 to C$115.00 and gave the stock an “outperform” rating in a report on Friday, May 2nd. BMO Capital Markets cut 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. National Bankshares raised their price target on Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the company an “outperform” rating in a research report on Thursday, April 17th. Finally, JPMorgan Chase & Co. dropped their price target on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a “neutral” rating for the company in a research note on Thursday, February 20th. Three research 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 a consensus rating of “Moderate Buy” and an average price target of C$113.67.
About Bombardier, Inc. Class B
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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