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 that occurred on Tuesday, December 10th. The shares were sold at an average price of C$104.33, for a total value of C$521,650.00.
Bombardier, Inc. Class B Price Performance
Bombardier, Inc. Class B stock opened at C$103.18 on Friday. 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 market capitalization of C$8.93 billion, a PE ratio of 26.73, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. The firm has a 50 day simple moving average of C$102.64 and a 200-day simple moving average of C$93.42.
Analyst Ratings Changes
A number of brokerages recently commented on BBD.B. National Bankshares upped their price objective on Bombardier, Inc. Class B from C$128.00 to C$130.00 in a research note on Friday, November 8th. Scotiabank lowered shares of 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 report on Friday, November 1st. TD Securities dropped their price objective on shares of Bombardier, Inc. Class B from C$132.00 to C$130.00 in a report on Friday, November 8th. CIBC boosted their target price on shares of Bombardier, Inc. Class B from C$131.00 to C$132.00 in a research note on Wednesday, December 4th. Finally, National Bank Financial raised their price target 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. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target 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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