Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$135.00

Bombardier, Inc. Class B (TSE:BBD.BGet Free Report) had its target price hoisted by BMO Capital Markets from C$129.00 to C$135.00 in a research report issued to clients and investors on Tuesday,BayStreet.CA reports. BMO Capital Markets’ price objective would suggest a potential upside of 34.13% from the company’s current price.

BBD.B has been the topic of a number of other research reports. TD Securities decreased their price target on shares of Bombardier, Inc. Class B from C$132.00 to C$130.00 in a report on Friday, November 8th. CIBC decreased their price objective on shares of Bombardier, Inc. Class B from C$132.00 to C$127.00 and set an “outperform” rating for the company in a research note on Monday, December 23rd. National Bank Financial raised their target price on shares of Bombardier, Inc. Class B to C$128.00 and gave the company an “outperform” rating in a research note on Thursday, October 10th. National Bankshares upped their price target on shares of Bombardier, Inc. Class B from C$128.00 to C$130.00 in a research report on Friday, November 8th. Finally, Scotiabank cut Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 price objective on the stock. in a research note on Friday, November 1st. Two research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of C$114.50.

Get Our Latest Report on Bombardier, Inc. Class B

Bombardier, Inc. Class B Trading Up 0.9 %

Shares of TSE BBD.B traded up C$0.91 on Tuesday, reaching C$100.65. 152,741 shares of the company traded hands, compared to its average volume of 272,173. The company has a 50 day moving average of C$99.75 and a 200 day moving average of C$95.05. Bombardier, Inc. Class B has a fifty-two week low of C$44.29 and a fifty-two week high of C$113.60. The stock has a market capitalization of C$8.71 billion, a PE ratio of 26.08, a P/E/G ratio of 6.26 and a beta of 2.98.

Insider Activity at Bombardier, Inc. Class B

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

About Bombardier, Inc. Class B

(Get Free Report)

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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