Bombardier Inc. (OTCMKTS:BDRBF) Given Consensus Recommendation of “Hold” by Analysts

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

Several equities analysts have commented on the company. Scotiabank lowered Bombardier from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, January 21st. National Bankshares reissued an “outperform” rating and issued a $263.00 price target on shares of Bombardier in a research report on Tuesday, December 2nd. The Goldman Sachs Group cut Bombardier from a “neutral” rating to a “sell” rating in a research note on Monday. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bombardier in a research report on Wednesday, January 21st. Finally, Zacks Research upgraded shares of Bombardier to a “hold” rating in a research note on Tuesday, December 16th.

Bombardier Stock Up 4.3%

Shares of BDRBF stock opened at $183.04 on Friday. The stock has a fifty day moving average of $171.34 and a 200 day moving average of $143.65. Bombardier has a 52 week low of $45.63 and a 52 week high of $200.00.

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.