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Stock impact report

The Bank Of Nova Scotia Is A Bargain At Present [Seeking Alpha]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
Company Research Source: Seeking Alpha
Summary The coronavirus epidemic, the oil price war, and the issues faced by the Canadian economy have all brought down the share price of The Bank of Nova Scotia. A strong balance sheet and an entrenched position within the regulated Canadian banking sector ensure that this dividend-paying stock will endure. It is currently trading at a 54% discount to fair value. The Bank of Nova Scotia ( BNS The cause of the share price fall is the same thing that's causing market turmoil in general - the demand for crude oil The Canadian economy may see considerable volatility as a consequence of this situation, as Canada has more exposure to energy mining high housing costs highest number of indebted customers Nonetheless, the fear of this exposure provides the opportunity here, as it overlooks the underlying strength of The Bank of Nova Scotia. The firm's strong balance sheet will be sufficient to enable it to withstand the shocks which may come, as long-term debt of C$47.94 billion ($34.87 bill Show less Read more
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