RBC Capital Sticks to Their Hold Rating for Bombardier (BDRBF)

RBC Capital analyst Walter Spracklin maintained a Hold rating on Bombardier (BDRBF) yesterday and set a price target of C$0.40. The company’s shares closed last Tuesday at $0.25, close to its 52-week low of $0.24.

According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 15.3% and a 67.1% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Andlauer Healthcare Group, TFI International, and GFL Environmental.

Currently, the analyst consensus on Bombardier is a Hold with an average price target of $0.41.

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The company has a one-year high of $1.62 and a one-year low of $0.24. Currently, Bombardier has an average volume of 620.4K.

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Bombardier, Inc. manufactures planes and trains. It operates through the following segments: Business Aircraft; Commercial Aircraft; Aerostructures and Engineering Services; and Transportation. The Business Aircraft segment designs, manufactures and provides aftermarket support for three families of business jets, spanning from the light to large categories. The Commercial Aircraft segment designs and manufactures a portfolio of commercial aircrafts. The Aerostructures and Engineering Services segment designs and manufactures major aircraft structural components such as engine nacelles, fuselages and wings and provides aftermarket component repair and overhaul as well as other engineering services for both internal and external clients. The Transportation segment offers product range and services to the rail industry and covers the full spectrum of rail solutions such as complete trains to subsystems, services, system integration, signaling, and e-mobility solutions. The company was founded on June 19, 1902 and is headquartered in Montreal, Canada.

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