Bombardier Inc. (OTCMKTS:BDRBF) Given Average Rating of “Hold” by Analysts

Shares of Bombardier Inc. (OTCMKTS:BDRBF) have been assigned a consensus rating of “Hold” from the ten analysts that are covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $263.00.

Several analysts have recently commented on BDRBF shares. Canadian Imperial Bank of Commerce downgraded Bombardier from an “outperform” rating to a “neutral” rating in a research note on Tuesday, January 20th. Zacks Research raised Bombardier to a “hold” rating in a research note on Tuesday, December 16th. TD Securities reiterated a “hold” rating on shares of Bombardier in a report on Friday, February 13th. UBS Group reissued a “neutral” rating on shares of Bombardier in a research note on Friday, February 13th. Finally, The Goldman Sachs Group downgraded Bombardier from a “neutral” rating to a “sell” rating in a report on Monday, January 26th.

Bombardier Trading Down 4.0%

Shares of BDRBF opened at $167.94 on Friday. The stock has a market capitalization of $16.66 billion and a P/E ratio of 34.99. The firm’s fifty day simple moving average is $186.37 and its two-hundred day simple moving average is $160.98. Bombardier has a 12 month low of $50.77 and a 12 month high of $206.36.

Bombardier (OTCMKTS:BDRBF) last posted its quarterly earnings data on Thursday, February 12th. The company reported $4.80 earnings per share for the quarter, topping the consensus estimate of $3.38 by $1.42. The firm had revenue of $3.69 billion during the quarter, compared to analyst estimates of $3.48 billion. Bombardier had a negative return on equity of 43.88% and a net margin of 9.72%.

About Bombardier

Bombardier Inc is a Canadian multinational manufacturer specializing in business aircraft. Founded in 1942 by Joseph-Armand Bombardier and headquartered in Montréal, Québec, the company has evolved from its origins in snow vehicles to a focused aviation enterprise. Today, Bombardier designs, manufactures and markets a range of business jets under the Learjet, Challenger and Global series, serving corporate, government and private customers worldwide.

The company’s product portfolio includes light, mid-size and large-cabin jets, complemented by completion, refurbishment and aftermarket support services.