Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) Senior Officer Barton Wade Demosky sold 5,000 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of C$104.33, for a total transaction of C$521,650.00.
Bombardier, Inc. Class B Price Performance
Shares of Bombardier, Inc. Class B stock opened at C$104.70 on Friday. Bombardier, Inc. Class B has a 1 year low of C$44.29 and a 1 year high of C$113.60. The firm has a market cap of C$9.06 billion, a price-to-earnings ratio of 27.12, a PEG ratio of 6.26 and a beta of 2.98. The company has a 50-day moving average of C$102.53 and a 200 day moving average of C$93.20.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on the stock. National Bankshares upped 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. CIBC upped their price target on Bombardier, Inc. Class B from C$131.00 to C$132.00 in a research report on Wednesday, December 4th. TD Securities cut their price objective on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research report on Friday, November 8th. Scotiabank lowered Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 price target for the company. in a research note on Friday, November 1st. Finally, National Bank Financial boosted their price objective on shares of Bombardier, Inc. Class B to C$128.00 and gave the company an “outperform” rating in a research report on Thursday, October 10th. Two investment 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.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of C$114.42.
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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