Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report)’s share price passed above its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $57.22 and traded as high as $64.43. Bombardier shares last traded at $64.41, with a volume of 14,538 shares.
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on BDRBF shares. CIBC upgraded Bombardier from a “neutral” rating to a “sector outperform” rating in a research note on Thursday, May 2nd. BMO Capital Markets raised their price target on Bombardier from $95.00 to $129.00 and gave the stock an “outperform” rating in a research note on Monday, June 3rd.
View Our Latest Analysis on BDRBF
Bombardier Price Performance
Bombardier Company Profile
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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