Zacks Research Upgrades Bombardier (OTCMKTS:BDRBF) to Hold

Bombardier (OTCMKTS:BDRBF) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research report issued on Tuesday,Zacks.com reports.

A number of other equities research analysts also recently weighed in on the stock. BMO Capital Markets reissued an “outperform” rating on shares of Bombardier in a research note on Wednesday, October 15th. National Bankshares reissued an “outperform” rating and issued a $263.00 price target on shares of Bombardier in a research note on Tuesday, December 2nd. Finally, The Goldman Sachs Group lowered Bombardier to a “neutral” rating in a research report on Tuesday, October 7th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $263.00.

Bombardier Price Performance

OTCMKTS BDRBF opened at $159.55 on Tuesday. Bombardier has a 52 week low of $45.63 and a 52 week high of $168.95. The stock has a fifty day moving average of $149.22 and a 200-day moving average of $124.72.

About Bombardier

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.