Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) Senior Officer Jean-Christophe Gallagher sold 7,227 shares of the business’s stock in a transaction on Tuesday, May 13th. The stock was sold at an average price of C$91.35, for a total value of C$660,186.45.
Bombardier, Inc. Class B Price Performance
TSE:BBD.B opened at C$91.66 on Friday. The firm has a market capitalization of C$7.93 billion, a P/E ratio of 23.75, a PEG ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 1-year low of C$71.79 and a 1-year high of C$113.60. The company’s fifty day moving average price is C$84.58 and its 200-day moving average price is C$90.55.
Wall Street Analysts Forecast Growth
BBD.B has been the subject of several recent analyst reports. UBS Group raised their price target on Bombardier, Inc. Class B from C$83.00 to C$91.00 in a report on Friday, May 2nd. Citigroup lowered their target price on shares of Bombardier, Inc. Class B from C$113.00 to C$107.00 in a research note on Monday, February 3rd. TD Securities cut their price target on shares of Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a “buy” rating on the stock in a research note on Friday, May 2nd. Desjardins decreased their price target on shares of Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Finally, National Bankshares raised their price target on shares of Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the stock an “outperform” rating in a report on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat, Bombardier, Inc. Class B presently has a consensus rating of “Moderate Buy” and an average price target of C$113.67.
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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