Brokerage Firm Rating on Bank of Nova Scotia (The) (BNS)

Bank of Nova Scotia (The) (BNS) : 1 brokerage houses believe that Bank of Nova Scotia (The) (BNS) is a Strong Buy at current levels. 3 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Bank of Nova Scotia (The) (BNS). Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 5 Wall Street Analysts endorse the stock as a Buy with a rating of 2.

Bank of Nova Scotia (The) (BNS) has been rated by 6 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $72 and the lowest price target forecast is $47. The average forecast of all the analysts is $54.37 and the expected standard deviation is $9.


For the current week, the company shares have a recommendation consensus of Buy. Bank of Nova Scotia (The) (NYSE:BNS): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $51.31 and $51.29 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $51.74. The buying momentum continued till the end and the stock did not give up its gains. It closed at $51.59, notching a gain of 0.98% for the day. The total traded volume was 523,319 . The stock had closed at $51.09 on the previous day.

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