Shares of Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) have received an average rating of “Hold” from the eleven analysts that are covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $263.00.
Several research analysts recently issued reports on the company. Desjardins restated a “buy” rating on shares of Bombardier in a research report on Friday, May 1st. National Bank Financial downgraded Bombardier from an “outperform” rating to a “sector perform” rating in a research report on Thursday, April 16th. UBS Group restated a “neutral” rating on shares of Bombardier in a research report on Friday, February 13th. TD Securities restated a “hold” rating on shares of Bombardier in a research report on Friday, May 1st. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Bombardier in a research report on Friday, May 1st.
Get Our Latest Stock Report on BDRBF
Bombardier Price Performance
Bombardier (OTCMKTS:BDRBF – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The company reported $1.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.90 by $0.91. Bombardier had a negative return on equity of 56.13% and a net margin of 9.73%.The firm had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.64 billion. On average, equities analysts anticipate that Bombardier will post 8.25 earnings per share for the current year.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Bombardier stock. Sageworth Trust Co acquired a new position in shares of Bombardier Inc. (OTCMKTS:BDRBF – Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,327 shares of the company’s stock, valued at approximately $234,000.
Bombardier Company Profile
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.
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