Nov. 18 at 4:23 PM
$BBD.B.TSX
$BDRAF
Bombardier Stock Forecast: Why Top Analysts Expect a 21% Upside
Bombardier Inc (BBD-B:CA) has garnered significant attention in the stock market, particularly within the Aerospace and Defense sector. Known for its innovative business jets and robust aftermarket services, the company has shown resilience and adaptability in a competitive industry. This article delves into Bombardier’s market performance, recent trends, and future outlook based on expert analysis.
Recent Performance:
Bombardier’s stock recently closed at CAD 90.74. Over the past year, it has shown remarkable growth, gaining 73.23%, outperforming 70% of its sector peers. However, short-term performance has been volatile, with declines of -7.21% over the past week and -19.51% over the past month. These fluctuations are partially influenced by broader macroeconomic factors, including industry-wide contractions and high market volatility, with Bombardier’s beta standing at 2.97.
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