Barton Wade Demosky Sells 1,000 Shares of Bombardier, Inc. Class B (TSE:BBD.B) Stock

Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Barton Wade Demosky sold 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of C$96.00, for a total transaction of C$96,000.00.

Barton Wade Demosky also recently made the following trade(s):

• On Thursday, May 29th, Barton Wade Demosky sold 6,000 shares of Bombardier, Inc. Class B stock. The shares were sold at an average price of C$95.00, for a total transaction of C$570,000.00.

Bombardier, Inc. Class B Trading Up 1.1%

BBD.B opened at C$100.64 on Monday. The stock has a market capitalization of C$8.71 billion, a P/E ratio of 26.07, a P/E/G ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 12 month low of C$71.79 and a 12 month high of C$113.60. The firm’s fifty day simple moving average is C$87.75 and its 200 day simple moving average is C$89.64.

Analyst Ratings Changes

BBD.B has been the topic of a number of recent research reports. 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. Royal Bank of Canada lifted their price target 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. Desjardins reduced their price target on shares of Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. 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 on the stock in a research report on Friday, May 2nd. Finally, JPMorgan Chase & Co. reduced their price target 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 research report on Thursday, February 20th. Three analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of C$113.67.

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.