02-08-2025
Desjardins Sticks to Its Buy Rating for Bombardier (BDRBF)
Desjardins analyst maintained a Buy rating on Bombardier today and set a price target of C$186.00. The company's shares closed today at $118.65.
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In addition to Desjardins, Bombardier also received a Buy from National Bank's Cameron Doerksen in a report issued today. However, on July 22, TD Cowen downgraded Bombardier (Other OTC: BDRBF) to a Hold.
Based on Bombardier's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.53 billion and a net profit of $44 million. In comparison, last year the company earned a revenue of $1.28 billion and had a net profit of $110 million
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BDRBF in relation to earlier this year.
