Bombardier (OTCMKTS:BDRBF – Get Rating) had its target price boosted by equities researchers at Cowen from $30.00 to $46.00 in a note issued to investors on Tuesday, The Fly reports. Cowen's price target would indicate a potential upside of 48.58% from the company's previous close.
BDRBF has been the topic of a number of other research reports. Cowen raised shares of Bombardier from a "market perform" rating to an "outperform" rating in a research report on Monday, August 8th. Scotiabank lifted their price objective on shares of Bombardier from C$52.00 to C$55.00 in a research report on Friday, November 4th. Wolfe Research started coverage on shares of Bombardier in a research report on Monday, October 10th. They issued an "outperform" rating on the stock. National Bank Financial lifted their price objective on shares of Bombardier from C$53.00 to C$59.00 in a research report on Tuesday, October 25th. Finally, TD Securities lifted their price objective on shares of Bombardier from C$73.00 to C$78.00 in a research report on Friday, November 4th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $59.78.
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OTCMKTS BDRBF opened at $30.96 on Tuesday. The company's 50-day simple moving average is $24.64 and its two-hundred day simple moving average is $22.17. Bombardier has a one year low of $14.09 and a one year high of $39.50.
Bombardier Company Profile
(Get Rating)Bombardier Inc engages in the manufacture and sale of business aircraft in Europe, North America, the Asia Pacific, and internationally. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, smart services, service centers, training, and technical publications.
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