Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Sells C$534,000.00 in Stock

Bombardier, Inc. Class B (TSE:BBD.B) Senior Officer Barton Wade Demosky sold 6,000 shares of the company’s stock in a transaction that occurred on Thursday, August 15th. The stock was sold at an average price of C$89.00, for a total transaction of C$534,000.00.

Bombardier, Inc. Class B Stock Up 0.6 %

Bombardier, Inc. Class B stock opened at C$89.43 on Monday. Bombardier, Inc. Class B has a 52-week low of C$39.87 and a 52-week high of C$100.00. The company has a market cap of C$7.74 billion, a P/E ratio of 22.93, a P/E/G ratio of -0.13 and a beta of 2.99. The business has a 50-day simple moving average of C$89.10 and a two-hundred day simple moving average of C$72.00.

Analyst Ratings Changes

BBD.B has been the subject of a number of recent analyst reports. Royal Bank of Canada boosted their price objective on shares of Bombardier, Inc. Class B from C$99.00 to C$133.00 and gave the stock an “outperform” rating in a report on Tuesday, July 2nd. Citigroup boosted their price target on Bombardier, Inc. Class B from C$83.00 to C$103.00 and gave the stock a “buy” rating in a research note on Tuesday, July 2nd. TD Securities increased their price objective on Bombardier, Inc. Class B from C$105.00 to C$127.00 and gave the company a “buy” rating in a research report on Tuesday, May 28th. Barclays lifted their price objective on Bombardier, Inc. Class B from C$70.00 to C$90.00 in a report on Tuesday, July 30th. Finally, National Bankshares upped their target price on shares of Bombardier, Inc. Class B from C$92.00 to C$114.00 and gave the company an “outperform” rating in a research note on Thursday, July 11th. One research analyst has rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, Bombardier, Inc. Class B has a consensus rating of “Moderate Buy” and a consensus target price of C$110.00.

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.