Bombardier (BDRBF) Projected to Post Quarterly Earnings on Thursday

Bombardier (OTCMKTS:BDRBF) is anticipated to release its results before the market opens on Thursday, February 12th. Analysts expect Bombardier to post earnings of $3.38 per share and revenue of $3.4847 billion for the quarter.

Bombardier Price Performance

Shares of OTCMKTS BDRBF opened at $177.84 on Thursday. Bombardier has a twelve month low of $50.77 and a twelve month high of $200.00. The firm has a 50-day moving average of $173.81 and a two-hundred day moving average of $145.93.

Wall Street Analyst Weigh In

BDRBF has been the subject of a number of research reports. Scotiabank cut shares of Bombardier from an “outperform” rating to a “sector perform” rating in a report on Wednesday, January 21st. The Goldman Sachs Group downgraded Bombardier from a “neutral” rating to a “sell” rating in a research report on Monday, January 26th. CIBC lowered Bombardier from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 20th. National Bankshares restated an “outperform” rating and issued a $263.00 target price on shares of Bombardier in a report on Tuesday, December 2nd. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Bombardier in a report on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Bombardier has an average 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.