Bombardier Inc. (OTCMKTS:BDRBF) Receives Average Rating of "Hold" from Analysts

Key Points

• Consensus "Hold": Ten analysts covering Bombardier assign a consensus Hold rating (2 Sell, 5 Hold, 3 Buy) with an average 12‑month price target of $263.
• Quarterly beat: Bombardier reported EPS of $4.80 vs. $3.38 expected and revenue of $3.69B vs. $3.48B, producing a 9.72% net margin despite a negative return on equity of 43.88%.
• Stock profile: Shares opened at $175.93, trade within a 52‑week range of $52.53–$206.36, and the company has a market cap of $17.42B with a P/E of 36.65.

Shares of Bombardier Inc. (OTCMKTS:BDRBF - Get Free Report) have been assigned a consensus recommendation of "Hold" from the ten ratings firms that are presently covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $263.00.

Several research analysts recently commented on the company. Scotiabank downgraded Bombardier from an "outperform" rating to a "sector perform" rating in a research note on Wednesday, January 21st. Zacks Research raised Bombardier to a "hold" rating in a research note on Tuesday, December 16th. UBS Group reissued a "neutral" rating on shares of Bombardier in a research note on Friday, February 13th. Canadian Imperial Bank of Commerce lowered Bombardier from an "outperform" rating to a "neutral" rating in a report on Tuesday, January 20th. Finally, BMO Capital Markets reiterated an "outperform" rating on shares of Bombardier in a report on Wednesday, January 21st.

Bombardier Stock Performance

OTCMKTS BDRBF opened at $175.93 on Wednesday. The business has a fifty day moving average price of $183.38 and a 200 day moving average price of $166.47. Bombardier has a one year low of $52.53 and a one year high of $206.36. The company has a market cap of $17.42 billion and a P/E ratio of 36.65.

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

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.

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