Bank Nova Scotia Halifax Pfd 3 found using ticker (BNS) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 72.28 and 70.16 and has a mean target at 71.57. Given that the stocks previous close was at 58.06 this would indicate that there is a potential upside of 23.3%. The 50 day moving average now sits at 62.93 while the 200 day moving average is 67.36. The market cap for the company is $69,786m. You can visit the company’s website by visiting: https://www.scotiabank.com
The potential market cap would be $86,025m based on the market concensus.
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small, medium, and large businesses, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
