Bombardier (TSE:BBD) Downgraded to Hold Rating by Scotiabank

Scotiabank cut shares of Bombardier (TSE:BBD) from a strong-buy rating to a hold rating in a report released on Friday morning, Zacks.com reports.

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.