Bombardier, Inc. Class B (TSE:BBD.B) Price Target Raised to C$105.00

Bombardier, Inc. Class B (TSE:BBD.B) had its price objective hoisted by TD Securities from C$104.00 to C$105.00 in a report issued on Thursday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Other analysts have also recently issued research reports about the stock. UBS Group increased 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. Royal Bank of Canada raised their price objective on Bombardier, Inc. Class B from C$95.00 to C$99.00 and gave the stock an outperform rating in a research report on Thursday. CIBC lifted their target price on shares of Bombardier, Inc. Class B from C$61.00 to C$67.00 and gave the company a neutral rating in a report on Friday, April 26th. National Bankshares decreased their price target on Bombardier, Inc. Class B from C$95.00 to C$92.00 and set an outperform rating on the stock in a research note on Friday, April 26th. Finally, Desjardins lifted their price objective on Bombardier, Inc. Class B from C$96.00 to C$101.00 and gave the company a buy rating in a research note on Friday, April 26th. One equities research analyst has rated the stock with a sell rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, Bombardier, Inc. Class B currently has an average rating of Moderate Buy and a consensus target price of C$87.56.

Bombardier, Inc. Class B Trading Up 2.0 %

Shares of BBD.B opened at C$71.21 on Thursday. Bombardier, Inc. Class B has a 12-month low of C$39.87 and a 12-month high of C$71.49. The firm has a market capitalization of C$6.07 billion, a P/E ratio of 11.14, a P/E/G ratio of -0.13 and a beta of 2.96. The firm has a 50-day moving average price of C$56.94 and a 200 day moving average price of C$52.44.

Insider Activity at Bombardier, Inc. Class B

In other news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$59.00, for a total value of C$767,039.00. Insiders own 1.66% of the company’s stock.

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.