Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$128.63 and traded as high as C$204.50. Bombardier, Inc. Class B shares last traded at C$200.14, with a volume of 231,600 shares traded.
Wall Street Analysts Forecast Growth
BBD.B has been the subject of a number of recent analyst reports. National Bankshares increased their price target on shares of Bombardier, Inc. Class B from C$179.00 to C$216.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. UBS Group upped their target price on shares of Bombardier, Inc. Class B from C$128.00 to C$173.00 in a report on Friday, August 1st. BMO Capital Markets lifted their price target on Bombardier, Inc. Class B from C$185.00 to C$190.00 and gave the stock an “outperform” rating in a report on Thursday, September 11th. Scotiabank boosted their price target on Bombardier, Inc. Class B from C$150.00 to C$190.00 and gave the stock an “outperform” rating in a research report on Friday, August 1st. Finally, Citigroup raised their price objective on Bombardier, Inc. Class B from C$109.00 to C$195.00 and gave the company a “buy” rating in a research report on Monday, July 21st. Eight investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$182.82.
View Our Latest Research Report on BBD.B
Bombardier, Inc. Class B Stock Down 0.6%
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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