Eve Laurier Sells 4,000 Shares of Bombardier, Inc. Class B (TSE:BBD.B) Stock

Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Eve Laurier sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of C$99.21, for a total value of C$396,827.20.

Eve Laurier also recently made the following trade(s):

• On Monday, June 9th, Eve Laurier sold 4,000 shares of Bombardier, Inc. Class B stock. The stock was sold at an average price of C$99.26, for a total value of C$397,032.40.

Bombardier, Inc. Class B Price Performance

Shares of TSE BBD.B opened at C$104.11 on Wednesday. Bombardier, Inc. Class B has a 12-month low of C$71.79 and a 12-month high of C$113.60. The company has a market capitalization of C$9.01 billion, a PE ratio of 26.97, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. The firm’s 50-day moving average is C$88.53 and its two-hundred day moving average is C$89.84.

Analysts Set New Price Targets

Several brokerages have commented on BBD.B. Royal Bank of Canada boosted their target price on shares of Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the stock an “outperform” rating in a research report on Friday, May 2nd. CIBC raised their price objective on shares of Bombardier, Inc. Class B from C$106.00 to C$115.00 and gave the company an “outperform” rating in a research note on Friday, May 2nd. JPMorgan Chase & Co. decreased their price objective on shares of Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Desjardins dropped their target price 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, TD Securities reduced their price target on shares of Bombardier, Inc. Class B from C$133.00 to C$128.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. Three analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price 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.