Bombardier Inc (BDRBF) Stock Rating Reaffirmed by Scotiabank
Posted by Trent Williams on Sep 27th, 2016
Bombardier Inc (OTCMKTS:BDRBF)s stock had its outperform rating reaffirmed by equities research analysts at Scotiabank in a note issued to investors on Friday. They currently have a $2.75 price objective on the stock. Scotiabanks price target indicates a potential upside of 131.09% from the stocks previous close.
Several other equities analysts have also recently weighed in on the stock. RBC Capital Markets reaffirmed an outperform rating and set a $2.50 price target on shares of Bombardier in a research note on Friday, September 16th. Macquarie raised Bombardier from an underperform rating to an outperform rating in a report on Monday, September 19th. Citigroup Inc. reissued a neutral rating and issued a $2.07 price objective (up previously from $2.00) on shares of Bombardier in a report on Thursday, August 25th. TD Securities reissued a reduce rating and issued a $1.45 price objective on shares of Bombardier in a report on Thursday, July 28th. Finally, Raymond James Financial Inc. reissued a market perform rating and issued a $2.00 price objective (up previously from $1.30) on shares of Bombardier in a report on Thursday, August 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Bombardier currently has a consensus rating of Hold and a consensus target price of $1.85.
Bombardier (OTCMKTS:BDRBF) opened at 1.19 on Friday. Bombardier has a 12 month low of $0.51 and a 12 month high of $1.82. The companys 50-day moving average is $1.49 and its 200-day moving average is $1.42. The companys market cap is $2.64 billion.
An institutional investor recently bought a new position in Bombardier stock. Wilen Investment Management CORP. bought a new position in shares of Bombardier Inc (OTCMKTS:BDRBF) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 347,900 shares of the companys stock, valued at approximately $487,000.
Posted by Trent Williams on Sep 27th, 2016
Bombardier Inc (OTCMKTS:BDRBF)s stock had its outperform rating reaffirmed by equities research analysts at Scotiabank in a note issued to investors on Friday. They currently have a $2.75 price objective on the stock. Scotiabanks price target indicates a potential upside of 131.09% from the stocks previous close.
Several other equities analysts have also recently weighed in on the stock. RBC Capital Markets reaffirmed an outperform rating and set a $2.50 price target on shares of Bombardier in a research note on Friday, September 16th. Macquarie raised Bombardier from an underperform rating to an outperform rating in a report on Monday, September 19th. Citigroup Inc. reissued a neutral rating and issued a $2.07 price objective (up previously from $2.00) on shares of Bombardier in a report on Thursday, August 25th. TD Securities reissued a reduce rating and issued a $1.45 price objective on shares of Bombardier in a report on Thursday, July 28th. Finally, Raymond James Financial Inc. reissued a market perform rating and issued a $2.00 price objective (up previously from $1.30) on shares of Bombardier in a report on Thursday, August 11th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have given a buy rating to the company. Bombardier currently has a consensus rating of Hold and a consensus target price of $1.85.
Bombardier (OTCMKTS:BDRBF) opened at 1.19 on Friday. Bombardier has a 12 month low of $0.51 and a 12 month high of $1.82. The companys 50-day moving average is $1.49 and its 200-day moving average is $1.42. The companys market cap is $2.64 billion.
An institutional investor recently bought a new position in Bombardier stock. Wilen Investment Management CORP. bought a new position in shares of Bombardier Inc (OTCMKTS:BDRBF) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 347,900 shares of the companys stock, valued at approximately $487,000.