Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$261.85 and traded as high as C$325.20. Bombardier, Inc. Class B shares last traded at C$317.79, with a volume of 253,665 shares trading hands.
Analyst Upgrades and Downgrades
BBD.B has been the subject of several research reports. Desjardins raised their target price on Bombardier, Inc. Class B from C$324.00 to C$364.00 and gave the stock a “buy” rating in a research report on Wednesday, June 10th. UBS Group boosted their price target on shares of Bombardier, Inc. Class B from C$253.00 to C$315.00 in a report on Friday, May 1st. Canadian Imperial Bank of Commerce increased their price objective on shares of Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research note on Friday, May 1st. BMO Capital Markets raised their price objective on shares of Bombardier, Inc. Class B from C$300.00 to C$320.00 in a report on Friday, May 1st. Finally, TD lifted their target price on shares of Bombardier, Inc. Class B from C$284.00 to C$292.00 and gave the company a “hold” rating in a research report on Monday, June 8th. Six investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of C$281.77.
Check Out Our Latest Stock Analysis on BBD.B
Bombardier, Inc. Class B Trading Up 2.4%
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.
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