Bombardier, Inc. Class B (TSE:BBD.B) Given New C$100.00 Price Target at JPMorgan Chase & Co.

Bombardier, Inc. Class B (TSE:BBD.B) had its target price trimmed by JPMorgan Chase & Co. from C$110.00 to C$100.00 in a research note released on Thursday,BayStreet.CA reports. The brokerage currently has a neutral rating on the stock.

BBD.B has been the subject of a number of other reports. National Bankshares lowered their price target on Bombardier, Inc. Class B from C$134.00 to C$103.00 and set an “outperform” rating for the company in a report on Friday, February 7th. Royal Bank of Canada decreased their price objective on Bombardier, Inc. Class B from C$130.00 to C$116.00 and set an “outperform” rating for the company in a report on Friday, February 7th. TD Securities decreased their price objective on Bombardier, Inc. Class B from C$132.00 to C$130.00 in a report on Friday, November 8th. UBS Group increased their price objective on Bombardier, Inc. Class B from C$70.00 to C$76.00 in a report on Wednesday, January 15th. Finally, Citigroup decreased their price objective on Bombardier, Inc. Class B from C$113.00 to C$107.00 in a report on Monday, February 3rd. Two research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, Bombardier, Inc. Class B has a consensus rating of “Moderate Buy” and a consensus target price of C$113.08.

Bombardier, Inc. Class B Stock Down 0.0 %

Shares of BBD.B opened at C$89.99 on Thursday. The stock has a 50 day moving average price of C$91.42 and a 200 day moving average price of C$94.81. The company has a market capitalization of C$7.79 billion, a price-to-earnings ratio of 23.31, a price-to-earnings-growth ratio of 6.26 and a beta of 2.98. Bombardier, Inc. Class B has a 52-week low of C$46.75 and a 52-week high of C$113.60.

Insider Transactions at Bombardier, Inc. Class B

In other Bombardier, Inc. Class B 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. Company insiders own 1.66% of the company’s stock.

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.