Bombardier, Inc. (OTCMKTS:BDRBF) Receives Average Rating of “Hold” from Brokerages
Shares of Bombardier, Inc. (OTCMKTS:BDRBF) have received a consensus recommendation of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat Ratings reports. Six investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $2.15.
A number of equities research analysts have recently commented on BDRBF shares. Barclays set a $2.30 price target on shares of Bombardier and gave the company a “buy” rating in a report on Friday, October 11th. Desjardins cut shares of Bombardier from a “buy” rating to a “hold” rating in a report on Friday, January 17th.
Shares of OTCMKTS:BDRBF traded down $0.03 during trading on Tuesday, reaching $0.91. 640,284 shares of the stock traded hands, compared to its average volume of 768,135. The stock has a 50-day moving average of $1.33 and a two-hundred day moving average of $1.38. Bombardier has a 52-week low of $0.85 and a 52-week high of $2.27.
Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and markets business jets, as well as provides aftermarket support services.
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