BDRBF has been the topic of several other reports. Scotiabank reaffirmed an outperform rating and set a $2.75 target price on shares of Bombardier in a report on Friday, September 23rd. Citigroup Inc. reissued a neutral rating and issued a $2.07 price objective (up from $2.00) on shares of Bombardier in a research note on Thursday, August 25th. National Bank Financial raised shares of Bombardier from a sector perform rating to an outperform rating and lifted their price objective for the company from $2.15 to $2.60 in a research note on Wednesday, August 10th. Macquarie raised shares of Bombardier from an underperform rating to an outperform rating in a research note on Monday, September 19th. Finally, Cowen and Company reissued a market perform rating and issued a $1.65 price objective (up from $1.05) on shares of Bombardier in a research note on Wednesday, August 10th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of $1.85.
Shares of Bombardier (OTCMKTS:BDRBF) opened at 1.25 on Monday. Bombardier has a 12 month low of $0.51 and a 12 month high of $1.82. The company’s market cap is $2.78 billion. The firm’s 50 day moving average is $1.47 and its 200 day moving average is $1.42.
An institutional investor recently bought a new position in Bombardier stock. Wilen Investment Management CORP. purchased a new position in Bombardier Inc (OTCMKTS:BDRBF) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 347,900 shares of the company’s stock, valued at approximately $487,000.
Bombardier Company Profile
Bombardier Inc is a manufacturer of transportation equipment, such as business and commercial aircraft, aircraft structural components and rail transportation equipment and systems, and is a provider of related services. The Company operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation.
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