Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its price objective hoisted by investment analysts at Scotiabank from C$83.00 to C$90.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Scotiabank’s price target would indicate a potential upside of 29.37% from the stock’s previous close.
Several other research analysts have also commented on BBD.B. UBS Group lifted their target price on Bombardier, Inc. Class B from C$41.00 to C$44.00 in a research report on Tuesday, April 2nd. CIBC raised shares of Bombardier, Inc. Class B from a “neutral” rating to an “outperform” rating and lifted their price objective for the stock from C$67.00 to C$91.00 in a report on Thursday. National Bankshares dropped their target price on shares of Bombardier, Inc. Class B from C$95.00 to C$92.00 and set an “outperform” rating on the stock in a report on Friday, April 26th. TD Securities lifted their price target on shares of Bombardier, Inc. Class B from C$104.00 to C$105.00 and gave the company a “buy” rating in a report on Thursday. Finally, Royal Bank of Canada increased their price objective on shares of Bombardier, Inc. Class B from C$95.00 to C$99.00 and gave the stock an “outperform” rating in a research note on Thursday. One research analyst has rated the stock with a sell rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of C$87.56.
Get Our Latest Research Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Stock Performance
Insiders Place Their Bets
In related news, Senior Officer Jean-Christophe Gallagher sold 13,000 shares of the firm’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. 1.66% of the stock is owned by insiders.
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.
Featured Articles
- Five stocks we like better than Bombardier, Inc. Class B
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Meta Stock: 3 Reasons This Stumble Is a Golden Buying Opportunity
- High Flyers: 3 Natural Gas Stocks for March 2022
- 3 Staples Stocks to Cushion Lower Consumer Sentiment
- What is Insider Trading? What You Can Learn from Insider Trading
- Zillow’s Earnings Dip: An Opportunity for Visionaries
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.