Shares of Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) have been assigned an average recommendation of “Hold” from the ten research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $263.00.
A number of analysts have issued reports on the stock. Royal Bank Of Canada reiterated an “outperform” rating on shares of Bombardier in a research note on Friday, July 31st. Scotiabank restated an “outperform” rating on shares of Bombardier in a report on Thursday, July 16th. TD Securities reaffirmed a “hold” rating on shares of Bombardier in a research note on Friday, July 31st. BMO Capital Markets reiterated an “outperform” rating on shares of Bombardier in a report on Friday, July 31st. Finally, National Bank Financial reiterated a “sector perform” rating on shares of Bombardier in a report on Tuesday, July 7th.
Check Out Our Latest Stock Report on BDRBF
Institutional Trading of Bombardier
Bombardier Stock Down 1.7%
BDRBF opened at $217.20 on Friday. Bombardier has a 52 week low of $115.05 and a 52 week high of $269.94. The business has a fifty day simple moving average of $239.75 and a 200-day simple moving average of $213.82. The firm has a market cap of $21.43 billion and a P/E ratio of 23.84.
Bombardier (OTCMKTS:BDRBF – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The company reported $2.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $1.18. Bombardier had a negative return on equity of 75.69% and a net margin of 9.74%.The firm had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.12 billion. Sell-side analysts expect that Bombardier will post 10.15 earnings per share for the current year.
Bombardier Company Profile
Bombardier Inc is a Canadian aerospace company focused on business aviation. The company designs, manufactures and supports business jets, including its Challenger and Global aircraft families, which serve corporate, charter, government and private customers. Bombardier also provides aircraft maintenance, refurbishment, parts, technical support and other aftermarket services through a global service network.
In addition to business jets, Bombardier develops specialized aircraft solutions for government and defense missions, including aircraft configured for surveillance, transport and other mission requirements.
Featured Stories
- Five stocks we like better than Bombardier
- Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
- Kroger’s Textbook Entry for Buy-and-Hold Investors
- AST SpaceMobile Looks to Extend Its 30-Day FCC Satellite Testing Window
- Amgen Drops 10% on a Trial It Didn’t Even Run
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.
