Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $132.03 and traded as high as $141.08. Bombardier shares last traded at $139.82, with a volume of 12,440 shares changing hands.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on the stock. The Goldman Sachs Group downgraded shares of Bombardier to a “neutral” rating in a report on Tuesday, October 7th. BMO Capital Markets reissued an “outperform” rating on shares of Bombardier in a research report on Wednesday, October 15th. Finally, Barclays reaffirmed an “underweight” rating on shares of Bombardier in a report on Monday, August 4th. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on BDRBF
Bombardier Stock 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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