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8.9023413157706E-05 0 -0.000712187305261269 -0.000712187305261269 -0.000623163892103563 -0.000623163892103563 -0.000623163892103563 -0.000623163892103563
Stock impact report

'Low-hanging': Analysts upgrade Scotia on earnings growth potential, leadership [Yahoo! Finance Canada]

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
Analysts at Canaccord Genuity and Bank of America have upgraded their ratings for The Bank of Nova Scotia ( BNS.TO ), noting the potential for earnings growth and positive leadership changes. In a note to investors, BofA Securities analyst Ebrahim Poonawala upgraded Canada's third largest bank by market cap to a “buy,” writing that the market “is under appreciating the progress afoot to turn around the franchise under CEO Scott Thomson.” BofA raised its price target from $73 to $90. Toronto-listed shares were trading at $78.01 as of 11:51 a.m. ET Tuesday, up 0.75 per cent. In its fourth-quarter 2024 preview for Canadian banks, Canaccord Genuity also raised Scotia to a “buy,” with a price target of $84, up from $71 — the only rating change assigned to the lenders. According to analyst Matthew Lee, Scotia's “current valuation and low-hanging earnings growth make it attractive.” The Bank of Nova Scotia (BNS.TO) The easing cycle at North American central banks will be “a promin Show less Read more
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