Cowen Reaffirms “Market Perform” Rating for Bombardier (OTCMKTS:BDRBF)
Cowen restated their market perform rating on shares of Bombardier (OTCMKTS:BDRBF) in a report issued on Monday, AnalystRatings.com reports. They currently have a $0.50 target price on the stock.
Other research analysts have also issued research reports about the stock. Raymond James upgraded shares of Bombardier from a market perform rating to an outperform rating in a research report on Tuesday, February 18th. Scotiabank lowered shares of Bombardier from an outperform rating to a sector perform rating in a research report on Tuesday, February 18th. CIBC restated a buy rating and issued a $2.00 price target on shares of Bombardier in a research report on Friday, February 14th. Desjardins upgraded shares of Bombardier from a hold rating to a buy rating in a research report on Friday, February 14th. Finally, BMO Capital Markets lowered shares of Bombardier from an outperform rating to a market perform rating and set a $0.60 price target on the stock. in a research report on Friday, March 20th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Bombardier presently has an average rating of Hold and a consensus target price of $1.37.
Bombardier stock opened at $0.31 on Monday. Bombardier has a 1 year low of $0.27 and a 1 year high of $2.16. The firm’s 50 day moving average price is $0.79 and its two-hundred day moving average price is $1.20.
Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment designs, manufactures, and markets business jets, as well as provides aftermarket support services.
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