Bombardier Inc. (OTCMKTS:BDRBF – Get Rating) has received a consensus recommendation of "Buy" from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Four investment analysts have rated the stock with a buy rating. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $59.78.
BDRBF has been the subject of a number of research analyst reports. Royal Bank of Canada increased their price target on shares of Bombardier from C$49.00 to C$58.00 in a report on Friday, November 4th. Cowen raised their target price on shares of Bombardier from $30.00 to $46.00 in a report on Tuesday, November 15th. Wolfe Research started coverage on shares of Bombardier in a report on Monday, October 10th. They set an "outperform" rating for the company. BMO Capital Markets raised their target price on shares of Bombardier from C$63.00 to C$65.00 in a report on Friday, November 4th. Finally, National Bank Financial raised their target price on shares of Bombardier from C$53.00 to C$59.00 in a report on Tuesday, October 25th.
Get Bombardier alerts:Bombardier Trading Up 2.1 %
Shares of BDRBF opened at $33.04 on Friday. The company has a 50-day simple moving average of $25.77 and a 200-day simple moving average of $22.63. Bombardier has a 52-week low of $14.09 and a 52-week high of $37.25.
About Bombardier
(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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- Get a free copy of the StockNews.com research report on Bombardier (BDRBF)
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