Bombardier (TSE:BBD) Rating Lowered to “Hold” at Scotiabank

Bombardier (TSE:BBD) was downgraded by research analysts at Scotiabank from a “strong-buy” rating to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Several other equities research analysts have also recently issued reports on BBD. Cibc Captl Mkts cut Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday. Wolfe Research lowered shares of Bombardier from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 10th. Five analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold”.

Bombardier Stock Performance

Bombardier has a 1-year low of C$7.83 and a 1-year high of C$13.18.

About Bombardier

Banco Bradesco SA, together with its subsidiaries, provides various banking products and services to individuals, corporates, and businesses in Brazil and internationally. The company operates through two segment, Banking and Insurance. It provides current, savings, click, and salary accounts; real estate credit, vehicle financing, payroll loans, mortgage loans, microcredit, leasing, and personal and installment credit; debit and business cards; financial and security services; consortium products; auto, personal accident, dental, travel, and life insurance; investment products; pension products; real estate and vehicle auctions; cash management, and foreign trade and exchange services; capitalization bonds; and internet banking services.