Bombardier Inc. (TSE:BBD) Receives Consensus Recommendation of “Reduce” from Analysts

Bombardier Inc. (TSE:BBD) has been assigned a consensus rating of “Reduce” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company.

Several analysts have issued reports on BBD shares. Canadian Imperial Bank of Commerce downgraded Bombardier from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 21st. The Goldman Sachs Group downgraded Bombardier from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. National Bank Financial downgraded Bombardier from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 16th. Finally, Scotiabank downgraded Bombardier from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, January 21st.

Bombardier Stock Performance

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