Bombardier Inc. (OTCMKTS:BDRBF – Get Rating) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $18.30 and traded as high as $20.53. Bombardier shares last traded at $20.10, with a volume of 53,830 shares traded.
Analysts Set New Price Targets
Several research analysts have commented on BDRBF shares. Scotiabank upped their price objective on shares of Bombardier from C$2.35 to C$55.00 in a report on Tuesday, June 14th. National Bank Financial decreased their price target on shares of Bombardier from C$65.00 to C$46.00 in a research note on Wednesday, July 20th. UBS Group upgraded shares of Bombardier from a “neutral” rating to a “buy” rating in a research note on Wednesday, May 18th. BMO Capital Markets decreased their price target on shares of Bombardier from C$71.25 to C$63.00 in a research note on Monday, June 27th. Finally, TD Securities decreased their price target on shares of Bombardier from C$69.00 to C$62.00 in a research note on Wednesday, June 22nd. Two investment analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $55.43.
Bombardier Stock Performance
The company’s 50-day moving average is $18.30 and its 200 day moving average is $24.91.
Institutional Trading of Bombardier
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.
- Get a free copy of the StockNews.com research report on Bombardier (BDRBF)
- Can FuelCell Energy Surge Higher This Year?
- Is It Time to Take a Ride on Cedar Fair Stock?
- These Are The Top Insider Buying Stocks For July
- Time To Take A Serious Look At Nikola Stock As Production Starts
- Chipotle Mexican Grill Or Shake Shak? Which Is The Tastier Play
Receive News & Ratings for Bombardier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier and related companies with MarketBeat.com's FREE daily email newsletter.