Bombardier (TSE:BBD) Downgraded to “Hold” Rating by Cibc Captl Mkts

Cibc Captl Mkts downgraded shares of Bombardier (TSE:BBD) from a strong-buy rating to a hold rating in a report published on Wednesday morning,Zacks.com reports.

Separately, Wolfe Research cut Bombardier from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 10th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Bombardier Stock 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.