Bombardier (OTCMKTS:BDRBF) Share Price Crosses Above Fifty Day Moving Average of $59.87

Shares of Bombardier Inc. (OTCMKTS:BDRBFGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $59.87 and traded as high as $64.50. Bombardier shares last traded at $64.20, with a volume of 2,102 shares traded.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. CIBC upgraded shares of Bombardier from a “neutral” rating to a “sector outperform” rating in a research note on Thursday, May 2nd. BMO Capital Markets increased their price objective on shares of Bombardier from $95.00 to $129.00 and gave the stock an “outperform” rating in a research report on Monday, June 3rd.

View Our Latest Analysis on BDRBF

Bombardier Stock Performance

The company’s 50 day moving average price is $59.87 and its 200-day moving average price is $46.66.

Bombardier Company Profile

(Get Free Report)

Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.

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