Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) Senior Officer Caroline Maso purchased 1,404 shares of the company’s stock in a transaction dated Monday, May 12th. The stock was acquired at an average price of C$88.97 per share, with a total value of C$124,913.88.
Bombardier, Inc. Class B Stock Up 1.8%
Shares of BBD.B opened at C$91.66 on Friday. The stock has a market cap of C$7.93 billion, a PE ratio of 23.75, a PEG 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 business has a 50-day simple moving average of C$84.58 and a two-hundred day simple moving average of C$90.44.
Wall Street Analysts Forecast Growth
BBD.B has been the subject of a number of analyst reports. UBS Group lifted their price target on shares of Bombardier, Inc. Class B from C$83.00 to C$91.00 in a research report on Friday, May 2nd. CIBC boosted 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 report on Friday, May 2nd. Citigroup lowered their price objective on shares of Bombardier, Inc. Class B from C$113.00 to C$107.00 in a research report on Monday, February 3rd. TD Securities lowered their price objective 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. Finally, Royal Bank of Canada boosted their price objective on shares of Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the company an “outperform” rating 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 currently has a consensus rating of “Moderate Buy” and a consensus price target 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.
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