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Bank Of Nova Scotia (The) (NYSE:BNS) Under Analyst Spotlight

Bank Of Nova Scotia (The) (NYSE:BNS) Under Analyst Spotlight”

Analysts await Bank of Nova Scotia (NYSE:BNS) to report earnings on December, 5. It has underperformed by 24.96% the S&P500. Further, the company provides solutions to corporate, government, and institutional clients, which comprise corporate lending; transaction banking, including trade finance and cash management; investment banking, including corporate finance, and mergers and acquisitions; fixed income and equity underwriting, sales, trading, and research; prime finance comprising prime brokerage and stock lending; foreign exchange sales and trading; energy and agricultural commodities trading and hedging; precious and base metals sales, trading, financing, and physical services; and collateral management. Credit Suisse AG now owns 4,979,811 shares of the bank's stock valued at $291,668,000 after acquiring an additional 2,862,657 shares in the last quarter. The company has market cap of $75.67 billion.

The stock increased 0.38% or $0.24 during the last trading session, reaching $63.45. Bank of Nova Scotia (TSE:BNS) has 0.00% since September 17, 2016 and is. It has underperformed by 0.18% the S&P500. The stock of Watsco Inc (NYSE:WSO) has "Underweight" rating given on Monday, October 5 by Barclays Capital. The stock's market capitalization is 75.49B, it has a 52-week low of 51.21 and a 52-week high of 63.60. The Bank of Nova Scotia dipped to as low as $62.75 throughout the day and has returned 13.15% in this year. During the same period past year, the business posted $1.54 EPS. BNS's profit will be $1.59B for 11.87 P/E if the $1.33 EPS becomes a reality.

03/07/2017 - Bank of Nova Scotia (The) was upgraded to "sector outperform" by analysts at CIBC. They expect $1.33 EPS, up 9.92% or $0.12 from last year's $1.21 per share. BidaskClub downgraded shares of Bank of Nova Scotia (The) from a "hold" rating to a "sell" rating in a research report on Wednesday, August 9th. Therefore 88% are positive.

Bank of Nova Scotia (BNS) shares are moving today on volatility 1.95% or $1.23 from the open. The firm has "Outperform" rating by RBC Capital Markets given on Monday, August 31. As for whether to Buy, Sell or Hold at this point, sell-side firms covering company shares have a mean recommendation of 1.70 on the stock.

Among 10 analysts covering Watsco (NYSE:WSO), 7 have Buy rating, 2 Sell and 1 Hold. The rating was maintained by Canaccord Genuity on Tuesday, August 29 with "Buy". RBC Capital Markets maintained Bank of Nova Scotia (NYSE:BNS) on Wednesday, August 31 with "Outperform" rating. Royal Bank Of Canada boosted their price objective on shares of Bank of Nova Scotia (The) from $86.00 to $87.00 and gave the company an "outperform" rating in a research report on Wednesday, May 31st.

For more information about research offerings from Zacks Investment Research, visit Zacks.com Receive News & Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related companies with MarketBeat.com's FREE daily email newsletter. As per Wednesday, December 2, the company rating was maintained by RBC Capital Markets. Seekingalpha.com's article titled: "Position Update: Tenneco" and published on August 30, 2017 is yet another important article. Therefore 50% are positive. The company was maintained on Monday, August 17 by IBC. Stifel Nicolaus maintained Watsco Inc (NYSE:WSO) rating on Friday, June 23.

05/23/2017 - Bank of Nova Scotia (The) was upgraded to "overweight" by analysts at Barclays.

The Bank of Nova Scotia provides various personal, commercial, corporate, and investment banking services in Canada and internationally. The company was initiated on Wednesday, September 21 by Dundee Securities. Guo Peng had bought 102 shares worth $6,350. Shares saw a steep decrease in trading volume of 94.86% under the normal average daily volume.

Investors sentiment increased to 1.1 in 2016 Q4.

A number of other large investors also recently added to or reduced their stakes in the business. Financial & Investment Management Group Ltd, a Michigan-based fund reported 235,313 shares. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0.02% in Tenneco Inc (NYSE:TEN) or 25,904 shares. Dorchester Wealth Management Co now holds 452,542 shares valued at $27,204,000. Numeric Investors Lc invested in 0.03% or 45,400 shares. MML Investors Services LLC now owns 4,935 shares of the bank's stock valued at $297,000 after purchasing an additional 107 shares during the period. Voya Mngmt Limited Liability reported 21,943 shares.

Chubb Limited is a holding company.



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