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

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

A number of equities research analysts have recently issued reports on BBD shares. The Goldman Sachs Group lowered shares of Bombardier from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Canadian Imperial Bank of Commerce cut Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Scotiabank lowered Bombardier from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st. Finally, Wolfe Research downgraded Bombardier from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 10th.

Bombardier Price Performance

Bombardier has a 12 month low of C$7.83 and a 12 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.