Bombardier Inc. (TSE:BBD) Given Consensus Recommendation of “Reduce” by Brokerages

Bombardier Inc. (TSE:BBD) has been given a consensus rating of “Reduce” by the five ratings firms that are currently covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company.

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

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.