Bombardier, Inc. Class B (TSE:BBD.B) Upgraded at UBS Group

UBS Group upgraded shares of Bombardier, Inc. Class B (TSE:BBD.B) from a sell rating to a neutral rating in a research report report published on Monday morning,BayStreet.CA reports. The brokerage currently has C$95.00 price objective on the stock, up from their prior price objective of C$77.00.

Other equities research analysts have also recently issued research reports about the company. Royal Bank of Canada lowered their price target on Bombardier, Inc. Class B from C$130.00 to C$116.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. BMO Capital Markets upped their price target on Bombardier, Inc. Class B from C$129.00 to C$135.00 in a report on Tuesday, January 7th. National Bankshares lowered their price target on Bombardier, Inc. Class B from C$134.00 to C$103.00 and set an “outperform” rating on the stock in a report on Friday, February 7th. TD Securities lowered their target price on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a report on Friday, November 8th. Finally, JPMorgan Chase & Co. lowered their target price on Bombardier, Inc. Class B from C$110.00 to C$100.00 and set a “neutral” rating on the stock in a report on Thursday, February 20th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$114.67.

Bombardier, Inc. Class B Trading Up 0.9 %

Shares of BBD.B stock opened at C$86.67 on Monday. The company has a market cap of C$7.50 billion, a price-to-earnings ratio of 22.45, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. The stock has a 50 day simple moving average of C$90.48 and a 200-day simple moving average of C$94.57. Bombardier, Inc. Class B has a 12-month low of C$46.75 and a 12-month high of C$113.60.

Insider Transactions at Bombardier, Inc. Class B

In related news, Senior Officer Barton Wade Demosky sold 5,000 shares of the stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of C$104.33, for a total value of C$521,650.00. Also, Senior Officer Daniel Brennan sold 19,676 shares of the stock in a transaction on Thursday, December 5th. The stock was sold at an average price of C$101.17, for a total value of C$1,990,650.43. Insiders own 1.66% of the company’s stock.

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.