Bombardier (TSE:BBD) Stock Rating Lowered by National Bank Financial

Bombardier (TSE:BBD) was downgraded by equities research analysts at National Bank Financial from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other research firms have also recently weighed in on BBD. Scotiabank cut Bombardier from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. Canadian Imperial Bank of Commerce cut Bombardier from a “strong-buy” rating to a “hold” rating in a report on Wednesday, January 21st. Finally, The Goldman Sachs Group lowered Bombardier from a “hold” rating to a “strong sell” rating in a research note on Monday, January 26th. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Reduce”.

Bombardier Stock Performance

Bombardier has a twelve month low of C$7.83 and a twelve month high of C$13.18.

About Bombardier

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.