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

Bombardier, Inc. Class B (TSE:BBD.B) had its price target upped by equities research analysts at TD Securities from C$104.00 to C$105.00 in a report released on Thursday, BayStreet.CA reports. The firm currently has a “buy” rating on the stock. TD Securities’ target price indicates a potential upside of 47.45% from the company’s current price.

A number of other research analysts have also weighed in on BBD.B. Scotiabank dropped their target price on Bombardier, Inc. Class B from C$85.00 to C$83.00 and set an “outperform” rating on the stock in a report on Wednesday, April 10th. Desjardins lifted their price objective on shares of Bombardier, Inc. Class B from C$96.00 to C$101.00 and gave the stock a “buy” rating in a report on Friday, April 26th. CIBC increased 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 cut their price target on shares of Bombardier, Inc. Class B from C$95.00 to C$92.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. Finally, Royal Bank of Canada increased their price objective on shares of Bombardier, Inc. Class B from C$95.00 to C$99.00 and gave the company an “outperform” rating in a research note on Thursday. One analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Bombardier, Inc. Class B currently has a consensus 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 stock opened at C$71.21 on Thursday. The firm has a fifty day simple moving average of C$56.52 and a two-hundred day simple moving average of C$52.21. The firm has a market capitalization of C$6.07 billion, a PE ratio of 10.92, a price-to-earnings-growth ratio of -0.13 and a beta of 2.96. Bombardier, Inc. Class B has a 12 month low of C$39.87 and a 12 month high of C$71.49.

Insider Buying and Selling at Bombardier, Inc. Class B

In related news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the company’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 value of C$767,039.00. Corporate 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.