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

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

A number of analysts have commented on BDRBF shares. BMO Capital Markets reiterated an “outperform” rating on shares of Bombardier in a research note on Wednesday, January 21st. The Goldman Sachs Group cut Bombardier from a “neutral” rating to a “sell” rating in a report on Monday. Zacks Research raised Bombardier to a “hold” rating in a research report on Tuesday, December 16th. Scotiabank cut Bombardier from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 21st. Finally, CIBC lowered Bombardier from an “outperform” rating to a “neutral” rating in a report on Tuesday, January 20th.

Bombardier Trading Down 0.6%

Shares of Bombardier stock opened at $183.78 on Friday. Bombardier has a 12-month low of $45.63 and a 12-month high of $200.00. The business’s 50 day moving average is $172.62 and its 200-day moving average is $144.21.

Bombardier Company Profile

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.