Bombardier Inc. (TSE:BBD) Given Average Rating of “Reduce” by Analysts

Bombardier Inc. (TSE:BBD) has received a consensus recommendation of “Reduce” from the six ratings firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and five have issued a hold rating on the company.

BBD has been the topic of a number of recent analyst reports. The Goldman Sachs Group downgraded Bombardier from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. Scotiabank cut Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Canadian Imperial Bank of Commerce lowered Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Finally, Wolfe Research lowered shares of Bombardier from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 10th.

Bombardier Stock Performance

Bombardier has a twelve month low of C$7.83 and a twelve month 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.