Bombardier Inc. (TSE:BBD.A – Get Free Report) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$332.09 and traded as high as C$353.51. Bombardier shares last traded at C$343.75, with a volume of 4,441 shares traded.
Analyst Ratings Changes
Several analysts have commented on the stock. Scotia lifted their target price on shares of Bombardier from C$305.00 to C$330.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 28th. Scotiabank increased their price target on Bombardier from C$330.00 to C$380.00 in a research note on Thursday, July 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Bombardier presently has an average rating of “Buy” and a consensus price target of C$355.00.
View Our Latest Stock Report on Bombardier
Bombardier Stock Up 1.6%
Bombardier (TSE:BBD.A – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported C$3.55 earnings per share for the quarter. The company had revenue of C$3.05 billion for the quarter. As a group, sell-side analysts anticipate that Bombardier Inc. will post 8.9265677 EPS for the current fiscal year.
About Bombardier
At Bombardier (BBD-B.TO), we design, build, modify and maintain the world’s best-performing aircraft for the world’s most discerning people and businesses, governments and militaries. That means not simply exceeding standards, but understanding customers well enough to anticipate their unspoken needs. For them, we are committed to pioneering the future of aviation – innovating to make flying more reliable, efficient and sustainable. And we are passionate about delivering unrivaled craftsmanship and care, giving our customers greater confidence and the elevated experience they deserve and expect.
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