Canaccord Genuity Keeps a Hold Rating on Bank Of Nova Scotia (BNS)

By Carrie Williams

In a report released today, Scott Chan CFA from Canaccord Genuity reiterated a Hold rating on Bank Of Nova Scotia (BNSResearch Report). The company’s shares closed last Monday at $51.79.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -2.3% and a 38.7% success rate. CFA covers the Financial sector, focusing on stocks such as National Bank of Canada, Canadian Western Bank, and Bank Of Montreal.

Currently, the analyst consensus on Bank Of Nova Scotia is a Moderate Buy with an average price target of $80, representing a 55.6% upside. In a report released today, RBC Capital also reiterated a Hold rating on the stock with a $80 price target.

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Bank Of Nova Scotia’s market cap is currently $62.92B and has a P/E ratio of 10.01. The company has a Price to Book ratio of 1.33.

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Bank of Nova Scotia engages in the provision of financial products and services, including personal, commercial, corporate, and investment banking. It operates through the following segments: Canadian Banking, International Banking, Global Banking and Markets, and Other.