Bombardier, Inc. Class B (TSE:BBD.B) Receives C$111.50 Average Target Price from Analysts

Bombardier, Inc. Class B (TSE:BBD.B) has been given an average rating of “Moderate Buy” by the ten ratings firms that are presently covering the firm, Marketbeat.com reports. Two analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among analysts that have covered the stock in the last year is C$114.33.

Several research analysts have issued reports on BBD.B shares. CIBC dropped their target price on Bombardier, Inc. Class B from C$134.00 to C$131.00 in a research report on Friday, November 8th. National Bankshares boosted their target price on Bombardier, Inc. Class B from C$128.00 to C$130.00 in a research report on Friday, November 8th. National Bank Financial boosted their target price on Bombardier, Inc. Class B to C$128.00 and gave the company an “outperform” rating in a research report on Thursday, October 10th. Scotiabank lowered Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 target price for the company. in a research report on Friday, November 1st. Finally, TD Securities dropped their target price on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a research report on Friday, November 8th.

Bombardier, Inc. Class B Trading Down 1.7 %

BBD.B opened at C$97.63 on Wednesday. The firm has a market cap of C$8.45 billion, a P/E ratio of 25.29, a P/E/G ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 12 month low of C$44.29 and a 12 month high of C$113.60. The stock has a 50-day moving average of C$99.44 and a 200 day moving average of C$88.67.

Insider Buying and Selling

In related news, Senior Officer Eve Laurier sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$91.57, for a total value of C$366,280.00. In related news, Senior Officer Eve Laurier sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$91.57, for a total value of C$366,280.00. Also, Senior Officer Barton Wade Demosky sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$89.00, for a total transaction of C$534,000.00. 1.66% of the stock is currently owned by insiders.

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.