Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) had its price target lifted by stock analysts at CIBC from C$102.00 to C$116.00 in a research note issued to investors on Friday, BayStreet.CA reports. CIBC’s price objective would suggest a potential upside of 26.58% from the company’s current price.
BBD.B has been the topic of several other research reports. UBS Group lifted their price target on Bombardier, Inc. Class B from C$41.00 to C$44.00 in a research note on Tuesday, April 2nd. Desjardins lifted their target price on Bombardier, Inc. Class B from C$102.00 to C$143.00 and gave the company a “buy” rating in a research report on Thursday, June 6th. Citigroup upped their price target on Bombardier, Inc. Class B from C$83.00 to C$103.00 and gave the stock a “buy” rating in a research report on Tuesday, July 2nd. TD Securities lifted their price objective on shares of Bombardier, Inc. Class B from C$105.00 to C$127.00 and gave the company a “buy” rating in a report on Tuesday, May 28th. Finally, BMO Capital Markets increased their target price on shares of Bombardier, Inc. Class B from C$95.00 to C$129.00 and gave the stock an “outperform” rating in a report on Monday, June 3rd. One research analyst has rated the stock with a sell rating, one has issued a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of C$112.00.
Check Out Our Latest Research Report on Bombardier, Inc. Class B
Bombardier, Inc. Class B Price Performance
Insider Buying and Selling
In other news, Senior Officer Eve Laurier sold 7,871 shares of Bombardier, Inc. Class B stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of C$87.33, for a total value of C$687,377.58. In other news, Senior Officer Eve Laurier sold 7,871 shares of the business’s stock in a transaction that occurred on Friday, June 21st. The shares were sold at an average price of C$87.33, for a total value of C$687,377.58. Also, Senior Officer Daniel Brennan sold 48,010 shares of Bombardier, Inc. Class B stock in a transaction that occurred on Tuesday, June 11th. The shares were sold at an average price of C$89.02, for a total transaction of C$4,273,941.42. Over the last three months, insiders have sold 83,919 shares of company stock valued at $6,923,979. 1.66% of the stock is owned by company insiders.
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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