Bank Nova Scotia Halifax Pfd 3 – Consensus Indicates 23.3% Upside Potential

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Bank Nova Scotia Halifax Pfd 3 found using the ticker (BNS) now have 3 analysts covering the stock. Analyst consensus points to a ‘Hold’ rating. The target price ranges between 72.28 and 70.16 and has an average objective at 71.57. Given that the stock’s previous close was at 58.06, this would indicate that there is upside potential of 23.3%. The 50-day moving average now stands at 62.93 while the 200-day moving average is at 67.36. The market cap of the company is $69,786 million. You can visit the company’s website by visiting: https://www.scotiabank.com

The potential market capitalization would be $86,025 million based on market consensus.

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The Bank of Nova Scotia offers a variety of banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, as well as internationally. It operates through four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. The Company offers financial advice and solutions, as well as everyday banking products, including debit and credit cards, checking and savings accounts, investments, mortgages, personal loans and insurance; and business banking solutions comprising lending, deposit, cash management and commercial finance solutions for small, medium and large businesses, including automotive finance solutions for dealerships and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investing, full-service brokerage, trust, private banking and private investment advisory services; and retail mutual funds, exchange-traded funds, liquid alternative funds, and institutional funds. Additionally, the company offers international banking services for individuals, businesses and commercial clients; and lending and transaction services, investment banking advisory and access to capital markets to corporate clients. Additionally, 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 centers worldwide. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.

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