Bombardier (TSE:BBD) Rating Lowered to Hold at Scotiabank

Bombardier (TSE:BBD) was downgraded by equities researchers at Scotiabank from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

A number of other analysts have also issued reports on BBD. Wolfe Research lowered Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 10th. Cibc Captl Mkts lowered Bombardier from a “strong-buy” rating to a “hold” rating in a report on Wednesday. Five equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Bombardier presently has a consensus rating of “Hold”.

Bombardier Price Performance

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