Bombardier Inc. (OTCMKTS:BDRBF) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Bombardier Inc. (OTCMKTS:BDRBFGet Rating) have been given a consensus rating of “Buy” by the twelve analysts that are currently covering the stock, Marketbeat reports. Four research analysts have rated the stock with a buy recommendation. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $59.78.

A number of analysts recently commented on BDRBF shares. TD Securities increased their price objective on Bombardier from C$73.00 to C$78.00 in a research note on Friday, November 4th. Wolfe Research assumed coverage on Bombardier in a research report on Monday, October 10th. They set an “outperform” rating on the stock. Cowen upgraded Bombardier from a “market perform” rating to an “outperform” rating in a research report on Monday, August 8th. Cowen increased their target price on Bombardier from $30.00 to $46.00 in a research report on Tuesday. Finally, Scotiabank increased their target price on Bombardier from C$52.00 to C$55.00 in a research report on Friday, November 4th.

Bombardier Stock Up 0.4 %

Shares of BDRBF stock opened at $32.08 on Friday. The business’s fifty day moving average price is $25.10 and its 200 day moving average price is $22.35. Bombardier has a 1-year low of $14.09 and a 1-year high of $38.00.

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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Analyst Recommendations for Bombardier (OTCMKTS:BDRBF)

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