Bombardier (OTCMKTS:BDRBF) Shares Gap Down – Time to Sell?

by · The Cerbat Gem

Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $167.46, but opened at $157.00. Bombardier shares last traded at $156.20, with a volume of 744 shares.

Wall Street Analysts Forecast Growth

BDRBF has been the subject of a number of analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of Bombardier in a research note on Wednesday, October 15th. National Bankshares reaffirmed an “outperform” rating and issued a $263.00 price objective on shares of Bombardier in a research note on Tuesday, December 2nd. Finally, The Goldman Sachs Group downgraded Bombardier to a “neutral” rating in a research note on Tuesday, October 7th. Five analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $263.00.

View Our Latest Analysis on BDRBF

Bombardier Price Performance

The company has a fifty day moving average price of $147.03 and a 200-day moving average price of $121.23.

Bombardier Company Profile

(Get Free Report)

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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