Bombardier, Inc. Class B (TSE:BBD.B) Given New C$95.00 Price Target at National Bankshares

Bombardier, Inc. Class B (TSE:BBD.B) had its price target boosted by National Bankshares from C$94.00 to C$95.00 in a research note released on Tuesday, BayStreet.CA reports. National Bankshares currently has an outperform rating on the stock.

Other equities research analysts have also issued research reports about the company. Desjardins reduced their price target on Bombardier, Inc. Class B from C$104.00 to C$103.00 in a research report on Wednesday, January 10th. Royal Bank of Canada set a C$95.00 price target on Bombardier, Inc. Class B and gave the company an outperform rating in a research report on Thursday, April 4th. Scotiabank cut their target price on Bombardier, Inc. Class B from C$85.00 to C$83.00 and set an outperform rating on the stock in a research report on Wednesday, April 10th. CIBC raised their target price on Bombardier, Inc. Class B from C$60.00 to C$61.00 and gave the stock a neutral rating in a research report on Friday, April 12th. Finally, UBS Group raised their target price on Bombardier, Inc. Class B from C$41.00 to C$44.00 in a research report on Tuesday, April 2nd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Bombardier, Inc. Class B currently has a consensus rating of Moderate Buy and an average price target of C$81.38.

Bombardier, Inc. Class B Price Performance

BBD.B stock opened at C$56.68 on Tuesday. The firm has a market capitalization of C$4.84 billion, a P/E ratio of 8.87, a P/E/G ratio of -0.13 and a beta of 2.96. The business’s 50-day moving average is C$54.14 and its two-hundred day moving average is C$51.17. Bombardier, Inc. Class B has a 1 year low of C$39.87 and a 1 year high of C$71.11.

Insider Buying and Selling

In related news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the firm’s stock in a transaction that occurred on 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 company 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.