Bombardier, Inc. Class B (TSE:BBD.B) Price Target Increased to C$100.00 by Analysts at Scotiabank

Bombardier, Inc. Class B (TSE:BBD.BFree Report) had its price objective boosted by Scotiabank from C$90.00 to C$100.00 in a research note released on Thursday morning, BayStreet.CA reports. Scotiabank currently has an outperform rating on the stock.

Other equities analysts have also recently issued reports about the stock. National Bankshares dropped their price objective on shares of Bombardier, Inc. Class B from C$95.00 to C$92.00 and set an outperform rating for the company in a research note on Friday, April 26th. BMO Capital Markets boosted their price target on shares of Bombardier, Inc. Class B from C$85.00 to C$95.00 and gave the company an outperform rating in a report on Thursday, May 2nd. Royal Bank of Canada lifted their price objective on shares of 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, May 2nd. CIBC raised shares of Bombardier, Inc. Class B from a neutral rating to an outperform rating and boosted their target price for the stock from C$67.00 to C$91.00 in a research report on Thursday, May 2nd. Finally, TD Securities upped their price objective on shares of Bombardier, Inc. Class B from C$104.00 to C$105.00 and gave the company a buy rating in a report on Thursday, May 2nd. One analyst has rated the stock with a sell rating, one has issued a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Bombardier, Inc. Class B has an average rating of Moderate Buy and an average price target of C$88.90.

View Our Latest Stock Analysis on BBD.B

Bombardier, Inc. Class B Price Performance

Shares of BBD.B stock opened at C$88.98 on Thursday. The company has a market capitalization of C$7.59 billion, a price-to-earnings ratio of 23.79, a PEG ratio of -0.13 and a beta of 2.99. Bombardier, Inc. Class B has a one year low of C$39.87 and a one year high of C$91.36. The company’s fifty day moving average price is C$64.93 and its 200-day moving average price is C$55.85.

Insider Activity at Bombardier, Inc. Class B

In other Bombardier, Inc. Class B news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$59.00, for a total transaction of C$767,039.00. In other news, Senior Officer Daniel Brennan sold 28,038 shares of the stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of C$70.00, for a total transaction of C$1,962,660.00. Also, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of C$59.00, for a total transaction of C$767,039.00. 1.66% of the stock is currently owned by insiders.

Bombardier, Inc. Class B Company Profile

(Get Free Report)

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

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Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

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