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

by · The Markets Daily

Bombardier Inc. (OTCMKTS:BDRBF – Get Free Report) shares 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 trading hands.

Analysts Set New Price Targets

A number of analysts recently commented on BDRBF shares. The Goldman Sachs Group downgraded shares of Bombardier to a “neutral” rating in a report on Tuesday, October 7th. BMO Capital Markets reissued an “outperform” rating on shares of Bombardier in a research note on Wednesday, October 15th. Finally, National Bankshares reaffirmed an “outperform” rating and set a $263.00 price objective on shares of Bombardier in a report on Tuesday, December 2nd. Five investment 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’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $263.00.

Get Our Latest Report on BDRBF

Bombardier Trading Up 2.9%

The stock’s fifty day moving average is $147.51 and its two-hundred day moving average is $121.69.

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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