Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) has earned an average recommendation of “Moderate Buy” from the ten research firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and eight have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is C$99.70.
BBD.B has been the topic of a number of analyst reports. BMO Capital Markets lifted their target price on Bombardier, Inc. Class B from C$95.00 to C$129.00 and gave the stock an “outperform” rating in a research report on Monday, June 3rd. UBS Group boosted their price objective on Bombardier, Inc. Class B from C$41.00 to C$44.00 in a report on Tuesday, April 2nd. JPMorgan Chase & Co. boosted their price objective on Bombardier, Inc. Class B from C$75.00 to C$91.00 and gave the company a “neutral” rating in a report on Friday, May 24th. Royal Bank of Canada boosted their price objective on Bombardier, Inc. Class B from C$95.00 to C$99.00 and gave the company an “outperform” rating in a report on Thursday, May 2nd. Finally, CIBC boosted their price objective on Bombardier, Inc. Class B from C$91.00 to C$102.00 and gave the company an “outperform” rating in a report on Monday, May 27th.
Check Out Our Latest Research Report on BBD.B
Bombardier, Inc. Class B Stock Performance
Insider Transactions at Bombardier, Inc. Class B
In other news, Senior Officer Daniel Brennan sold 28,038 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of C$70.00, for a total transaction of C$1,962,660.00. In other news, Senior Officer Daniel Brennan sold 28,038 shares of the business’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of C$70.00, for a total transaction of C$1,962,660.00. Also, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the business’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 value of C$767,039.00. Over the last three months, insiders sold 89,048 shares of company stock worth $7,003,640. 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.
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