Bank Nova Scotia Halifax Pfd 3 – Consensus Indicates Potential 8.1% Upside

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Bank Nova Scotia Halifax Pfd 3 found using ticker (BNS) now have 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 63.05 and 53.64 with a mean TP of 56.94. With the stocks previous close at 52.67 this indicates there is a potential upside of 8.1%. The day 50 moving average is 51.6 and the 200 day MA is 54.97. The market cap for the company is $62,751m. Visit the company website at: https://www.scotiabank.com

The potential market cap would be $67,839m 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 Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.

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