Bombardier (BDRBF) Projected to Post Earnings on Thursday

Bombardier (OTCMKTS:BDRBF) will likely be issuing its results before the market opens on Thursday, February 12th. Analysts expect the company to announce earnings of $3.38 per share and revenue of $3.4847 billion for the quarter.

Bombardier Stock Up 1.9%

Shares of BDRBF opened at $185.00 on Tuesday. Bombardier has a 52-week low of $50.77 and a 52-week high of $200.00. The stock has a fifty day simple moving average of $174.90 and a two-hundred day simple moving average of $147.40.

Analyst Upgrades and Downgrades

BDRBF has been the subject of several recent analyst reports. Canadian Imperial Bank of Commerce cut shares of Bombardier from an “outperform” rating to a “neutral” rating in a research report on Tuesday, January 20th. BMO Capital Markets reissued an “outperform” rating on shares of Bombardier in a research note on Wednesday, January 21st. Zacks Research raised shares of Bombardier to a “hold” rating in a research report on Tuesday, December 16th. The Goldman Sachs Group lowered Bombardier from a “neutral” rating to a “sell” rating in a research report on Monday, January 26th. Finally, National Bankshares reissued an “outperform” rating and set a $263.00 target price on shares of Bombardier in a research note on Tuesday, December 2nd. Three research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, Bombardier presently has a consensus rating of “Hold” and an average target price of $263.00.

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.