Bombardier, Inc. Class B (TSE:BBD.B) Director Sells C$3,638,204.22 in Stock

Bombardier, Inc. Class B (TSE:BBD.B) Director Eric Martel sold 34,678 shares of Bombardier, Inc. Class B stock in a transaction on Monday, June 16th. The stock was sold at an average price of C$104.91, for a total value of C$3,638,204.22.

Eric Martel also recently made the following trade(s):

• On Wednesday, June 11th, Eric Martel sold 14,200 shares of Bombardier, Inc. Class B stock. The shares were sold at an average price of C$103.99, for a total transaction of C$1,476,706.28.

Bombardier, Inc. Class B Price Performance

TSE BBD.B traded up C$2.75 on Monday, reaching C$105.72. The company had a trading volume of 213,514 shares, compared to its average volume of 540,513. The firm has a market capitalization of C$9.15 billion, a PE ratio of 27.39, a P/E/G ratio of 6.26 and a beta of 2.98. The firm has a 50-day moving average of C$90.17 and a 200-day moving average of C$89.90. Bombardier, Inc. Class B has a 1 year low of C$71.79 and a 1 year high of C$113.60.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Royal Bank of Canada upped their price target on shares of Bombardier, Inc. Class B from C$101.00 to C$108.00 and gave the company an “outperform” rating in a report on Friday, May 2nd. UBS Group lifted their price target on shares of Bombardier, Inc. Class B from C$83.00 to C$91.00 in a report on Friday, May 2nd. BMO Capital Markets dropped their price objective on Bombardier, Inc. Class B from C$135.00 to C$130.00 and set an “outperform” rating for the company in a report on Friday, May 2nd. Desjardins reduced their target price on Bombardier, Inc. Class B from C$142.00 to C$140.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. Finally, National Bankshares upped their price target on Bombardier, Inc. Class B from C$103.00 to C$107.00 and gave the stock an “outperform” rating in a research note on Thursday, April 17th. Three equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$113.67.

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.