Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) shares crossed above its fifty day moving average during trading on Friday. The stock has a fifty day moving average of C$313.27 and traded as high as C$321.03. Bombardier, Inc. Class B shares last traded at C$317.02, with a volume of 229,713 shares.
Analyst Ratings Changes
Several research firms recently weighed in on BBD.B. JPMorgan Chase & Co. upped their price target on Bombardier, Inc. Class B from C$295.00 to C$350.00 in a research note on Monday, August 31st. Scotiabank lowered their price objective on shares of Bombardier, Inc. Class B from C$380.00 to C$370.00 and set a “sector outperform” rating on the stock in a research report on Thursday, October 15th. National Bank Financial set a C$379.00 price objective on shares of Bombardier, Inc. Class B and gave the company a “sector perform” rating in a research report on Tuesday, September 8th. Royal Bank Of Canada raised their price target on shares of Bombardier, Inc. Class B from C$383.00 to C$406.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, TD upped their price target on shares of Bombardier, Inc. Class B from C$306.00 to C$320.00 and gave the company a “hold” rating in a research note on Monday, August 3rd. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Bombardier, Inc. Class B currently has a consensus rating of “Hold” and a consensus target price of C$330.62.
View Our Latest Analysis on BBD.B
Bombardier, Inc. Class B Stock Performance
The firm has a market cap of C$58.98 billion, a P/E ratio of 35.26, a PEG ratio of 6.26 and a beta of 1.35. The company has a 50 day moving average of C$313.27 and a 200 day moving average of C$295.61.
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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