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 objective raised by National Bankshares from C$94.00 to C$95.00 in a report released on Tuesday morning, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

BBD.B has been the topic of several other reports. Scotiabank cut their price target on shares of 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. UBS Group lifted their price target on shares of Bombardier, Inc. Class B from C$41.00 to C$44.00 in a research note on Tuesday, April 2nd. Desjardins cut their price target on shares of Bombardier, Inc. Class B from C$104.00 to C$103.00 in a research note on Wednesday, January 10th. CIBC lifted their price target on shares of 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. Finally, Royal Bank of Canada set a C$95.00 price target on shares of Bombardier, Inc. Class B and gave the stock an outperform rating in a research note on Thursday, April 4th. One analyst has rated the stock with a sell rating, one has issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus target price of C$81.38.

Bombardier, Inc. Class B Price Performance

Shares of TSE:BBD.B opened at C$57.07 on Tuesday. The company’s fifty day moving average price is C$54.39 and its 200 day moving average price is C$51.21. Bombardier, Inc. Class B has a 12 month low of C$39.87 and a 12 month high of C$70.17. The firm has a market capitalization of C$4.87 billion, a P/E 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 Bombardier, Inc. Class B stock in a transaction on Wednesday, March 20th. The shares were sold at an average price of C$59.00, for a total value of C$767,039.00. 1.66% of the stock is currently owned by company insiders.

Bombardier, Inc. Class B Company Profile

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.