Bombardier (OTCMKTS:BDRBF)‘s stock had its “hold” rating reissued by investment analysts at Cowen in a research report issued to clients and investors on Monday, AnalystRatings.com reports. They currently have a $0.20 price target on the stock. Cowen’s price target suggests a potential downside of 36.91% from the company’s previous close.

Several other brokerages have also recently weighed in on BDRBF. CIBC reduced their price objective on Bombardier from $0.70 to $0.50 and set a “neutral” rating on the stock in a research note on Monday, May 11th. BMO Capital Markets cut Bombardier from an “outperform” rating to a “market perform” rating and set a $0.60 price objective on the stock. in a research note on Friday, March 20th. Desjardins cut Bombardier from a “buy” rating to a “hold” rating in a research note on Monday, May 4th. National Bank Financial cut Bombardier to a “hold” rating and set a $0.80 price objective on the stock. in a research note on Wednesday, March 18th. Finally, Barclays cut Bombardier to a “hold” rating and set a $0.50 price objective on the stock. in a research note on Thursday, April 16th. Twelve analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $0.69.

Shares of OTCMKTS BDRBF opened at $0.32 on Monday. The business’s 50 day moving average is $0.35 and its two-hundred day moving average is $0.71. Bombardier has a 1-year low of $0.27 and a 1-year high of $1.79.

About Bombardier

Bombardier Inc, together with its subsidiaries, manufactures and sells transportation equipment worldwide. The company operates in two segments, Aviation and Transportation. The Aviation segment designs, manufactures, and markets business jets; designs and manufactures a portfolio of commercial aircraft in the 50- to 100-seat categories, including the CRJ550, CRJ700, CRJ900, and CRJ1000 regional jets; designs, develops, and manufactures aircraft structural components, such as engine nacelles, fuselages, and wings; and provides aftermarket component repair, overhaul, and other engineering services.

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Analyst Recommendations for Bombardier (OTCMKTS:BDRBF)

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