Are Analysts Bearish Bank of Nova Scotia (NYSE:BNS) After Last Week?

Out of 4 analysts covering The Bank Of Nova Scotia (NYSE:BNS), 4 rate it “Buy”, 1 “Sell”, while 0 “Hold”. This means 80% are positive. The Bank Of Nova Scotia was the topic in 10 analyst reports since August 4, 2015 according to StockzIntelligence Inc. Below is a list of Bank of Nova Scotia (NYSE:BNS) latest ratings and price target changes.

02/12/2015 Broker: RBC Capital Markets Rating: Outperform Old Target: $73.00 New Target: $72.00 Maintain
10/09/2015 Broker: Barclays Capital Rating: Equal Weight Old Target: $65.00 New Target: $61.00 Target Down
09/09/2015 Broker: National Bank Canada Rating: Sector Perform Old Target: $66.00 New Target: $65.00 Target Down

The stock increased 2.10% or $0.92 on March 4, hitting $44.66. Bank of Nova Scotia (NYSE:BNS) has declined 9.01% since July 30, 2015 and is downtrending. It has underperformed by 3.85% the S&P500.

The Bank of Nova Scotia is a Canada diversified financial institution. The company has a market cap of $54.88 billion. The Bank offered a range of services and products, including retail, commercial, corporate and investment banking to more than 21 million clients in more than 55 countries around the world. It has 10.49 P/E ratio. The Bank has four business lines: Canadian Banking, International Banking, Scotia Capital and Global Wealth Management.

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