Bombardier (OTCMKTS:BDRBF) Sets New 1-Year High – Here’s What Happened

Bombardier Inc. (OTCMKTS:BDRBFGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $157.17 and last traded at $156.3755, with a volume of 104988 shares changing hands. The stock had previously closed at $156.80.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Bombardier in a research report on Wednesday, October 15th. The Goldman Sachs Group downgraded Bombardier to a “neutral” rating in a research note on Tuesday, October 7th. Finally, Barclays reiterated an “underweight” rating on shares of Bombardier in a research note on Monday, August 4th. Four research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

View Our Latest Stock Analysis on Bombardier

Bombardier Stock Down 0.3%

The company’s 50 day moving average is $140.60 and its 200-day moving average is $113.58.

Bombardier Company Profile

(Get Free Report)

Bombardier Inc engages in the design, manufacture, and sale of business aircraft and aircraft structural components worldwide. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, service centers, smart services, training, and technical publications.

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