In a report issued on July 27, Walter Spracklin from RBC Capital maintained a Buy rating on Bombardier (BDRBF – Research Report), with a price target of C$32.00. The company's shares closed last Friday at $16.66, close to its 52-week low of $14.09. According to TipRanks.com, Spracklin is a 5-star analyst with an average return of 16.4% and a 62.0% success rate. Spracklin covers the Industrial Goods sector, focusing on stocks such as Andlauer Healthcare Group, Canadian National Railway, and Norfolk Southern. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Bombardier with a $39.65 average price target, representing a 141.8% upside.
https://www.tipranks.com/news/blurbs/rbc-capital-thinks-bombardiers-stock-is-going-to-recover?utm_source=advfn.com&utm_medium=referral
Bombardier (QX) (USOTC:BDRBF)
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