Analyst at CIBC Maintained Bank Of Nova Scotia (NYSE:BNS)Stock Rating as a ‘Buy’

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Bank Of Nova Scotia (NYSE:BNS) Rating Reaffirmed

In a note revealed on Tuesday morning, Bank Of Nova Scotia (NYSE:BNS) shares had their Buy Rating reiterated by expert analysts at CIBC.

The Bank of Nova Scotia (NYSE:BNS) Ratings Coverage

Among 7 analysts covering Bank of Nova Scotia (NYSE:BNS), 4 have Buy rating, 0 Sell and 3 Hold. Therefore 57% are positive. Bank of Nova Scotia had 7 analyst reports since June 5, 2018 according to SRatingsIntel. The stock of The Bank of Nova Scotia (NYSE:BNS) earned “Buy” rating by IBC on Tuesday, November 27. Bank of America downgraded The Bank of Nova Scotia (NYSE:BNS) on Tuesday, June 5 to “Neutral” rating. The firm has “Hold” rating by Canaccord Genuity given on Wednesday, August 29.

The stock decreased 0.59% or $0.32 during the last trading session, reaching $54.38. About 1.13M shares traded or 36.24% up from the average. The Bank of Nova Scotia (NYSE:BNS) has declined 8.86% since December 2, 2017 and is downtrending. It has underperformed by 24.48% the S&P500.

The Bank of Nova Scotia provides various financial services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. The company has market cap of $67.41 billion. It offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and related creditor insurance to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses, including automotive dealers and their customers. It has a 10.73 P/E ratio. The firm also provides a suite of investment and wealth management advice, services, products, and solutions to customers, as well as advisors.

More notable recent The Bank of Nova Scotia (NYSE:BNS) news were published by: Fool.ca which released: “1 Top Stock to Take Advantage of the Growing Opportunities in Latin America – The Motley Fool Canada” on November 08, 2018, also Nasdaq.com with their article: “Financial Sector Update for 11/27/2018: BNS, STNE,PYDS,YIN,SFI.L – Nasdaq” published on November 27, 2018, Fool.ca published: “Your Sure Path to a Wealthy Future – The Motley Fool Canada” on November 25, 2018. More interesting news about The Bank of Nova Scotia (NYSE:BNS) were released by: Fool.ca and their article: “3 Must-Own Dividend Stocks to Buy Today – The Motley Fool Canada” published on November 07, 2018 as well as Fool.ca‘s news article titled: “2 Defensive Dividend Stocks to Buy in This Deepening Downturn – The Motley Fool Canada” with publication date: November 14, 2018.

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