National Bankshares Boosts Bombardier, Inc. Class B (TSE:BBD.B) Price Target to C$95.00

Bombardier, Inc. Class B (TSE:BBD.B) had its price target boosted by National Bankshares from C$94.00 to C$95.00 in a report released on Tuesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

BBD.B has been the topic of a number of other research reports. Royal Bank of Canada set a C$95.00 target price on Bombardier, Inc. Class B and gave the company an outperform rating in a report on Thursday, April 4th. UBS Group raised their price objective on Bombardier, Inc. Class B from C$41.00 to C$44.00 in a research note on Tuesday, April 2nd. CIBC raised their price objective on Bombardier, Inc. Class B from C$60.00 to C$61.00 and gave the stock a neutral rating in a research note on Friday, April 12th. Desjardins decreased their price objective on Bombardier, Inc. Class B from C$104.00 to C$103.00 in a research note on Wednesday, January 10th. Finally, Scotiabank decreased their price objective on Bombardier, Inc. Class B from C$85.00 to C$83.00 and set an outperform rating on the stock in a research note on Wednesday, April 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, Bombardier, Inc. Class B presently has a consensus rating of Moderate Buy and a consensus target price of C$81.38.

Bombardier, Inc. Class B Stock Performance

BBD.B stock opened at C$57.07 on Tuesday. Bombardier, Inc. Class B has a fifty-two week low of C$39.87 and a fifty-two week high of C$70.17. The business’s 50-day moving average is C$54.39 and its two-hundred day moving average is C$51.21. The company has a market cap of C$4.87 billion, a price-to-earnings ratio of 8.93, a P/E/G ratio of -0.13 and a beta of 2.96.

Insider Buying and Selling at Bombardier, Inc. Class B

In other Bombardier, Inc. Class B news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of C$59.00, for a total transaction of C$767,039.00. 1.66% of the stock is currently owned by company 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.