Shares of Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) have earned a consensus rating of “Hold” from the eleven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, five have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $263.00.
Several brokerages recently commented on BDRBF. Desjardins reaffirmed a “buy” rating on shares of Bombardier in a research note on Friday, May 1st. National Bank Financial restated a “sector perform” rating on shares of Bombardier in a report on Tuesday, July 7th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bombardier in a research report on Friday, May 29th. Scotiabank reiterated an “outperform” rating on shares of Bombardier in a report on Thursday, July 16th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Bombardier in a report on Friday, May 1st.
Read Our Latest Analysis on Bombardier
Institutional Inflows and Outflows
Bombardier Stock Performance
Shares of OTCMKTS:BDRBF opened at $257.45 on Friday. The company has a 50 day moving average price of $225.07 and a two-hundred day moving average price of $199.88. The company has a market capitalization of $25.40 billion and a PE ratio of 38.95. Bombardier has a 52 week low of $103.87 and a 52 week high of $258.44.
Bombardier (OTCMKTS:BDRBF – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The company reported $1.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.90 by $0.91. Bombardier had a net margin of 9.73% and a negative return on equity of 56.13%. The company had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.64 billion. On average, sell-side analysts forecast that Bombardier will post 8.25 earnings per share for the current year.
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.
Featured Articles
- Five stocks we like better than Bombardier
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Receive News & Ratings for Bombardier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bombardier and related companies with MarketBeat.com's FREE daily email newsletter.
