Let's try that UBS Report Translation AgainThink I have it now...I've also taken the liberty of trying to smooth over a few rough edges - without changing the original meaning as much as possible:
UBS still predict $ 10. IN A COUPLE YEARS ....
Bombardier is not the only company forced to revise its plans for financing recently because of nervousness of the market.
Bombardier's stock also has outperformed the rest of the S&P TSX60 over the past year. It is also the one who has fared better on the stock market in the aviation sector so far in 2010.
The action Bombardier has appreciated by about 30% for three months.
Revision of UBS
And it is precisely for this reason that the firm UBS has decided to delist Bombardier yesterday. The downward revision of the assessment is "well deserved," said analyst Fadi Chamoun. He now recommends to "keep" the title. Until yesterday, he recommended the purchase. Its target by 12 months remains unchanged at $ 6.25.
"The stock's appreciation potential is limited over the next 6 to 12 months," but says he thinks that over the next three to five years $10 is not impossible.
By contrast, not all analysts think like as he does..
Benoit Poirier, Desjardins Securities, still recommends buying the stock with a price target of $ 7.50 within a year.
At Scotiabank, the analyst Turan Quettawala also suggests buying. He sees the way to $ 8 within a year and $ 9.25 within two years.
Last week, RBC analyst Walter Spracklin, said that Bombardier's action could jump to a level not seen in over a decade after his activities in the aerospace and rail will be fully recovered. Mr. Spracklin, says the stock has the potential to reach nearly $ 12 within five years.
Bombardier closed down 4% yesterday to $ 5.87 in Toronto Stock Exchange. For a year, the value of the stock has ranged between $ 2 and $ 7 in Toronto.