Bombardier (OTCMKTS:BDRBF) Given New C$75.00 Price Target at BMO Capital Markets

Bombardier (OTCMKTS:BDRBFGet Rating) had its price target increased by BMO Capital Markets from C$65.00 to C$75.00 in a research note released on Wednesday morning, The Fly reports.

Other analysts have also issued reports about the stock. CIBC boosted their price target on shares of Bombardier from C$47.00 to C$57.00 in a research note on Wednesday, December 14th. Scotiabank upped their target price on shares of Bombardier from C$55.00 to C$75.00 in a research note on Wednesday. Wolfe Research started coverage on shares of Bombardier in a research note on Monday, October 10th. They set an outperform rating on the stock. Royal Bank of Canada upped their target price on shares of Bombardier from C$49.00 to C$58.00 in a research note on Friday, November 4th. Finally, TD Securities upped their target price on shares of Bombardier from C$73.00 to C$78.00 in a research note on Friday, November 4th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of Moderate Buy and a consensus target price of $66.91.

Bombardier Trading Up 1.6 %

Shares of OTCMKTS:BDRBF opened at $47.39 on Wednesday. The firm’s 50-day moving average is $37.81 and its two-hundred day moving average is $27.65. Bombardier has a 1 year low of $14.09 and a 1 year high of $48.38.

About Bombardier

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Bombardier Inc engages in the manufacture and sale of business aircraft in Europe, North America, the Asia Pacific, and internationally. It provides new aircraft, specialized aircraft solutions, and pre-owned aircraft. The company also offers aftermarket services, including parts, smart services, service centers, training, and technical publications.

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