Bombardier, Inc. Class B (TSE:BBD.B) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Bombardier, Inc. Class B (TSE:BBD.B) have been given an average rating of “Moderate Buy” by the ten ratings firms that are covering the firm, MarketBeat.com reports. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is C$117.17.

A number of analysts recently issued reports on the stock. TD Securities lowered their price target on shares of Bombardier, Inc. Class B from C$132.00 to C$130.00 in a report on Friday, November 8th. Royal Bank of Canada dropped their target price on Bombardier, Inc. Class B from C$133.00 to C$130.00 in a research report on Wednesday, January 15th. BMO Capital Markets upped their price target on Bombardier, Inc. Class B from C$129.00 to C$135.00 in a report on Tuesday, January 7th. UBS Group raised their price objective on Bombardier, Inc. Class B from C$70.00 to C$76.00 in a report on Wednesday, January 15th. Finally, National Bankshares upped their target price on Bombardier, Inc. Class B from C$130.00 to C$134.00 and gave the stock an “outperform” rating in a research note on Thursday, January 16th.

Bombardier, Inc. Class B Trading Down 1.0 %

Shares of TSE:BBD.B opened at C$90.78 on Monday. The company has a market capitalization of C$7.85 billion, a PE ratio of 23.52, a PEG ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 12-month low of C$44.29 and a 12-month high of C$113.60. The business has a 50 day moving average of C$96.77 and a two-hundred day moving average of C$95.49.

Insider Buying and Selling

In other Bombardier, Inc. Class B news, Senior Officer Barton Wade Demosky sold 5,000 shares of the company’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$104.33, for a total value of C$521,650.00. Also, Senior Officer Daniel Brennan sold 19,676 shares of the business’s stock in a transaction dated Thursday, December 5th. The shares were sold at an average price of C$101.17, for a total transaction of C$1,990,650.43. 1.66% of the stock is currently owned by company insiders.

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.