Shares of Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $57.22 and traded as high as $64.43. Bombardier shares last traded at $64.41, with a volume of 14,538 shares trading hands.
Analysts Set New Price Targets
A number of research firms have commented on BDRBF. CIBC upgraded shares of Bombardier from a “neutral” rating to a “sector outperform” rating in a report on Thursday, May 2nd. BMO Capital Markets raised their price target on shares of Bombardier from $95.00 to $129.00 and gave the stock an “outperform” rating in a report on Monday, June 3rd.
Read Our Latest Stock Report on Bombardier
Bombardier Price 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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