Shares of Bombardier, Inc. (OTCMKTS:BDRBF) have been given a consensus rating of “Buy” by the seven ratings firms that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company.
Several analysts have recently weighed in on the stock. Raymond James set a $33.00 price objective on shares of LKQ and gave the stock a “buy” rating in a research report on Friday, April 26th. Vertical Research downgraded shares of Bombardier from a “buy” rating to a “hold” rating in a research report on Thursday, May 2nd. Morgan Stanley restated an “underweight” rating and set a C$18.00 price objective on shares of WestJet Airlines in a research report on Friday, April 5th. Finally, Scotiabank downgraded shares of Bombardier from an “outperform” rating to a “sector perform” rating in a research report on Thursday, April 25th.
Shares of OTCMKTS:BDRBF traded down $0.01 during trading on Wednesday, hitting $1.70. 43,696 shares of the company were exchanged, compared to its average volume of 195,629. Bombardier has a 12-month low of $1.21 and a 12-month high of $3.99. The company has a 50 day moving average of $1.64.
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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