Separately, Raymond James reaffirmed a buy rating and set a C$5.25 price target on shares of Bombardier in a research report on Friday, November 9th.
Shares of Bombardier stock remained flat at $C$2.28 on Friday. 296,561 shares of the stock traded hands, compared to its average volume of 187,486. Bombardier has a 12 month low of C$1.87 and a 12 month high of C$4.17.
Bombardier Inc is a Canada-based manufacturer of both planes and trains. It operates through four segments: Business Aircraft, Commercial Aircraft, Aerostructures and Engineering Services, and Transportation. The Business Aircraft segment is engaged in the design, manufacture and aftermarket support for three families of business jets (Learjet, Challenger and Global).
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