Bombardier Inc. (TSE:BBD) Receives Average Rating of “Reduce” from Brokerages

Bombardier Inc. (TSE:BBD) has received an average recommendation of “Reduce” from the five brokerages that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and four have issued a hold rating on the company.

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

Bombardier Price Performance

Bombardier has a 52 week low of C$7.83 and a 52 week high of C$13.18.

Bombardier Company Profile

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.