Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its price objective upped by stock analysts at National Bank Financial to C$128.00 in a research note issued on Thursday, Stock Target Advisor reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s price target would indicate a potential upside of 16.26% from the company’s current price.
A number of other analysts have also recently weighed in on the stock. Barclays increased their price objective on shares of Bombardier, Inc. Class B from C$70.00 to C$90.00 in a report on Tuesday, July 30th. National Bankshares raised their target price on shares of Bombardier, Inc. Class B from C$92.00 to C$114.00 and gave the company an “outperform” rating in a research note on Thursday, July 11th. Citigroup raised their target price on shares of Bombardier, Inc. Class B from C$83.00 to C$103.00 and gave the company a “buy” rating in a research note on Tuesday, July 2nd. CIBC raised their target price on shares of Bombardier, Inc. Class B from C$102.00 to C$116.00 in a research note on Friday, July 26th. Finally, Scotiabank raised their target price on shares of Bombardier, Inc. Class B from C$100.00 to C$120.00 in a research note on Thursday, July 18th. One investment analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$111.50.
Get Our Latest Research Report on BBD.B
Bombardier, Inc. Class B Stock Down 0.3 %
Insiders Place Their Bets
In related news, Senior Officer Barton Wade Demosky sold 6,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$89.00, for a total transaction of C$534,000.00. In other Bombardier, Inc. Class B news, Senior Officer Barton Wade Demosky sold 6,000 shares of Bombardier, Inc. Class B stock in a transaction on Thursday, August 15th. The shares were sold at an average price of C$89.00, for a total transaction of C$534,000.00. Also, Senior Officer Eve Laurier sold 4,000 shares of the business’s stock in a transaction on Tuesday, August 27th. The shares were sold at an average price of C$91.57, for a total transaction of C$366,280.00. Corporate insiders own 1.66% of the company’s stock.
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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