Bombardier, Inc. Class B (TSE:BBD.B – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$258.28 and traded as high as C$314.90. Bombardier, Inc. Class B shares last traded at C$303.18, with a volume of 321,449 shares traded.
Analyst Upgrades and Downgrades
BBD.B has been the subject of several recent research reports. Canadian Imperial Bank of Commerce boosted their target price on shares of Bombardier, Inc. Class B from C$288.00 to C$295.00 in a research report on Friday, May 1st. BMO Capital Markets boosted their target price on shares of Bombardier, Inc. Class B from C$300.00 to C$320.00 in a research report on Friday, May 1st. National Bank Financial boosted their target price on shares of Bombardier, Inc. Class B from C$286.00 to C$296.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Desjardins boosted their target price on shares of 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. Finally, TD boosted their target price on shares of Bombardier, Inc. Class B from C$284.00 to C$292.00 and gave the stock a “hold” rating in a research report on Monday, June 8th. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of C$281.77.
Check Out Our Latest Stock Report on BBD.B
Bombardier, Inc. Class B Price Performance
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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