Bombardier, Inc. (OTCMKTS:BDRBF) Receives Consensus Recommendation of “Buy” from Brokerages

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Shares of Bombardier, Inc. (OTCMKTS:BDRBF) have been given an average recommendation of “Buy” by the seven brokerages that are currently covering the firm, MarketBeat.com reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

BDRBF has been the topic of a number of research reports. Raymond James set a $33.00 price objective on shares of LKQ and gave the company a “buy” rating in a research note on Friday, April 26th. Morgan Stanley reissued an “underweight” rating and issued a C$18.00 price objective on shares of WestJet Airlines in a research note on Friday, April 5th. Vertical Research cut shares of Bombardier from a “buy” rating to a “hold” rating in a research note on Thursday, May 2nd. Finally, Scotiabank cut shares of Bombardier from an “outperform” rating to a “sector perform” rating in a research note on Thursday, April 25th.

OTCMKTS BDRBF traded down $0.01 during trading hours on Wednesday, reaching $1.70. The company’s stock had a trading volume of 43,696 shares, compared to its average volume of 195,629. Bombardier has a fifty-two week low of $1.21 and a fifty-two week high of $3.99. The business’s 50-day moving average price is $1.64.

About Bombardier

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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Analyst Recommendations for Bombardier (OTCMKTS:BDRBF)

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