Bombardier (TSE:BBD) Lowered to Strong Sell Rating by The Goldman Sachs Group

Bombardier (TSE:BBD) was downgraded by equities research analysts at The Goldman Sachs Group from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Other equities analysts also recently issued research reports about the company. Wolfe Research downgraded Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Cibc Captl Mkts downgraded Bombardier from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. Finally, Scotiabank lowered shares of Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Five research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

Bombardier Price Performance

Bombardier has a one year low of C$7.83 and a one year 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.