Bombardier Inc. (OTCMKTS:BDRBF) Receives $263.00 Consensus PT from Analysts

Shares of Bombardier Inc. (OTCMKTS:BDRBF) have been assigned an average rating of “Hold” from the eight analysts that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $263.00.

A number of brokerages recently weighed in on BDRBF. The Goldman Sachs Group cut Bombardier to a “neutral” rating in a research note on Tuesday, October 7th. National Bankshares reissued an “outperform” rating and issued a $263.00 target price on shares of Bombardier in a research report on Tuesday, December 2nd. CIBC lowered shares of Bombardier from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 20th. Zacks Research raised shares of Bombardier to a “hold” rating in a research note on Tuesday, December 16th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Bombardier in a research report on Wednesday.

Bombardier Stock Down 0.0%

BDRBF stock opened at $194.18 on Friday. The firm’s 50-day simple moving average is $170.20 and its 200 day simple moving average is $142.77. Bombardier has a fifty-two week low of $45.63 and a fifty-two week high of $200.00.

About Bombardier

Bombardier Inc is a Canadian multinational manufacturer specializing in business aircraft. Founded in 1942 by Joseph-Armand Bombardier and headquartered in Montréal, Québec, the company has evolved from its origins in snow vehicles to a focused aviation enterprise. Today, Bombardier designs, manufactures and markets a range of business jets under the Learjet, Challenger and Global series, serving corporate, government and private customers worldwide.

The company’s product portfolio includes light, mid-size and large-cabin jets, complemented by completion, refurbishment and aftermarket support services.