Bombardier, Inc. Class B (TSE:BBD.B) Given New C$134.00 Price Target at National Bankshares

Bombardier, Inc. Class B (TSE:BBD.B) had its price target increased by National Bankshares from C$130.00 to C$134.00 in a report released on Thursday,BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts also recently issued reports about the company. Scotiabank downgraded Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 price target on the stock. in a research note on Friday, November 1st. Royal Bank of Canada dropped their price target on Bombardier, Inc. Class B from C$133.00 to C$130.00 in a research note on Wednesday. UBS Group upped their price target on Bombardier, Inc. Class B from C$70.00 to C$76.00 in a research note on Wednesday. CIBC dropped their price target on Bombardier, Inc. Class B from C$132.00 to C$127.00 and set an “outperform” rating on the stock in a research note on Monday, December 23rd. Finally, TD Securities dropped their price target on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research note on Friday, November 8th. Two equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$117.25.

Bombardier, Inc. Class B Price Performance

Shares of TSE:BBD.B opened at C$88.24 on Thursday. The business’s 50-day moving average is C$97.68 and its 200-day moving average is C$95.35. Bombardier, Inc. Class B has a 1 year low of C$44.29 and a 1 year high of C$113.60. The company has a market capitalization of C$7.63 billion, a price-to-earnings ratio of 22.86, a P/E/G ratio of 6.26 and a beta of 2.98.

Insider Activity at Bombardier, Inc. Class B

In other Bombardier, Inc. Class B news, Senior Officer Barton Wade Demosky sold 5,000 shares of the firm’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$104.33, for a total value of C$521,650.00. Also, Senior Officer Daniel Brennan sold 19,676 shares of the firm’s stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$101.17, for a total value of C$1,990,650.43. 1.66% of the stock is currently owned by company insiders.

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.