Bombardier, Inc. Class B (TSE:BBD.B) Price Target Cut to C$130.00 by Analysts at TD Securities

Bombardier, Inc. Class B (TSE:BBD.B) had its target price decreased by TD Securities from C$132.00 to C$130.00 in a report published on Friday morning,BayStreet.CA reports.

Several other equities research analysts also recently commented on the stock. National Bank Financial boosted their target price on shares of Bombardier, Inc. Class B to C$128.00 and gave the company an “outperform” rating in a research note on Thursday, October 10th. Scotiabank lowered shares of Bombardier, Inc. Class B from an “outperform” rating to a “sector perform” rating and set a C$120.00 price target on the stock. in a research report on Friday, November 1st. CIBC dropped their price objective on shares of Bombardier, Inc. Class B from C$134.00 to C$131.00 in a report on Friday. National Bankshares boosted their target price on Bombardier, Inc. Class B from C$128.00 to C$130.00 in a report on Friday. Finally, Barclays raised their price target on Bombardier, Inc. Class B from C$70.00 to C$90.00 in a report on Tuesday, July 30th. Two analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, Bombardier, Inc. Class B currently has an average rating of “Moderate Buy” and an average target price of C$114.33.

Bombardier, Inc. Class B Trading Down 1.0 %

Shares of BBD.B opened at C$97.95 on Friday. The stock has a market cap of C$8.47 billion, a PE ratio of 25.38, a PEG ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 1 year low of C$44.29 and a 1 year high of C$113.60. The stock has a 50 day simple moving average of C$99.09 and a 200-day simple moving average of C$88.33.

Insider Transactions at Bombardier, Inc. Class B

In other Bombardier, Inc. Class B news, Senior Officer Eve Laurier sold 4,000 shares of the company’s stock in a transaction dated Tuesday, August 27th. The shares were sold at an average price of C$91.57, for a total transaction of C$366,280.00. In related news, Senior Officer Eve Laurier sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were sold at an average price of C$91.57, for a total transaction of C$366,280.00. Also, Senior Officer Barton Wade Demosky sold 6,000 shares of the stock in a transaction that occurred on Thursday, August 15th. The shares were sold at an average price of C$89.00, for a total transaction of C$534,000.00. 1.66% of the stock is currently owned by corporate 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.