Bombardier, Inc. Class B (TSE:BBD.B) Price Target Increased to C$44.00 by Analysts at UBS Group

Bombardier, Inc. Class B (TSE:BBD.BFree Report) had its price objective lifted by UBS Group from C$41.00 to C$44.00 in a research report report published on Tuesday morning, BayStreet.CA reports.

A number of other equities research analysts have also issued reports on the stock. Scotiabank upped their price objective on shares of Bombardier, Inc. Class B from C$85.00 to C$90.00 and gave the company an outperform rating in a report on Monday, January 22nd. Royal Bank of Canada dropped their price objective on shares of Bombardier, Inc. Class B from C$98.00 to C$95.00 and set an outperform rating for the company in a report on Friday, February 9th. National Bankshares dropped their price objective on shares of Bombardier, Inc. Class B from C$94.00 to C$93.00 and set an outperform rating for the company in a report on Tuesday, January 9th. Desjardins dropped their price objective on shares of Bombardier, Inc. Class B from C$104.00 to C$103.00 in a report on Wednesday, January 10th. Finally, CIBC lowered their target price on shares of Bombardier, Inc. Class B from C$62.00 to C$60.00 and set a neutral rating for the company in a research note on Wednesday, January 10th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of C$80.60.

Read Our Latest Stock Analysis on BBD.B

Bombardier, Inc. Class B Stock Down 3.2 %

Shares of TSE BBD.B opened at C$55.63 on Tuesday. The firm has a 50-day simple moving average of C$52.46 and a 200-day simple moving average of C$50.36. The stock has a market capitalization of C$4.75 billion, a price-to-earnings ratio of 8.71, a price-to-earnings-growth ratio of -0.13 and a beta of 2.96. Bombardier, Inc. Class B has a 52 week low of C$39.87 and a 52 week high of C$74.43.

Insider Transactions at Bombardier, Inc. Class B

In other news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of C$59.00, for a total transaction of C$767,039.00. Corporate insiders own 1.66% of the company’s stock.

Bombardier, Inc. Class B Company Profile

(Get Free Report)

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide.
Bombardier Inc was incorporated in 1902 and is based in Dorval, Canada.

See Also

Analyst Recommendations for Bombardier, Inc. Class B (TSE:BBD.B)

Receive News & Ratings for Bombardier Inc. Class B Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier Inc. Class B and related companies with MarketBeat.com's FREE daily email newsletter.