Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Sells C$1,962,660.00 in Stock

Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Daniel Brennan sold 28,038 shares of the business’s stock in a transaction dated Friday, May 3rd. The shares were sold at an average price of C$70.00, for a total value of C$1,962,660.00.

Bombardier, Inc. Class B Price Performance

Shares of BBD.B stock opened at C$72.18 on Thursday. The business’s fifty day moving average price is C$58.42 and its 200 day moving average price is C$53.08. The firm has a market capitalization of C$6.16 billion, a PE ratio of 11.30, a P/E/G ratio of -0.13 and a beta of 2.96. Bombardier, Inc. Class B has a 1-year low of C$39.87 and a 1-year high of C$74.42.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Desjardins increased their price objective on Bombardier, Inc. Class B from C$101.00 to C$102.00 and gave the company a “buy” rating in a report on Thursday, May 2nd. National Bankshares lowered their price objective on shares of Bombardier, Inc. Class B from C$95.00 to C$92.00 and set an “outperform” rating on the stock in a research report on Friday, April 26th. BMO Capital Markets upped their target price 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. CIBC upgraded Bombardier, Inc. Class B from a “neutral” rating to an “outperform” rating and boosted their price target for the company from C$67.00 to C$91.00 in a research report on Thursday, May 2nd. Finally, Scotiabank lifted their target price on Bombardier, Inc. Class B from C$83.00 to C$90.00 and gave the company an “outperform” rating in a research note on Thursday, May 2nd. One analyst has rated the stock with a sell rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$87.56.

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.