Cowen restated their market perform rating on shares of Bombardier (OTCMKTS:BDRBF) in a report issued on Monday, AnalystRatings.com reports. The firm currently has a $0.50 price target on the stock.
Several other research analysts have also commented on BDRBF. National Bank Financial lowered shares of Bombardier to a hold rating and set a $0.80 price target on the stock. in a research note on Wednesday, March 18th. Raymond James upgraded shares of Bombardier from a market perform rating to an outperform rating in a research note on Tuesday, February 18th. BMO Capital Markets lowered shares of Bombardier from an outperform rating to a market perform rating and set a $0.60 target price on the stock. in a research note on Friday, March 20th. Desjardins upgraded shares of Bombardier from a hold rating to a buy rating in a research note on Friday, February 14th. Finally, CIBC reiterated a buy rating and issued a $2.00 target price on shares of Bombardier in a research note on Friday, February 14th. Eight research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of Hold and an average price target of $1.37.
Shares of BDRBF opened at $0.35 on Monday. The company’s fifty day moving average is $0.79 and its 200-day moving average is $1.20. Bombardier has a 12 month low of $0.27 and a 12 month high of $2.16.
Bombardier Company Profile
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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