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Bank Of Nova Scotia (BNS) Gets a Hold from RBC Capital

Tipranks - Tipranks - Fri Mar 27, 9:04PM CDT

In a report released on March 25, Darko Mihelic from RBC Capital maintained a Hold rating on Bank Of Nova Scotia, with a price target of C$98.00. The company’s shares closed yesterday at C$96.63.

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According to TipRanks, Mihelic is a 5-star analyst with an average return of 7.9% and a 61.46% success rate. Mihelic covers the Financial sector, focusing on stocks such as Bank Of Montreal, Bank Of Nova Scotia, and Canadian Bank of Commerce.

Currently, the analyst consensus on Bank Of Nova Scotia is a Hold with an average price target of C$108.60.

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Based on Bank Of Nova Scotia’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of C$17.2 billion and a net profit of C$2.29 billion. In comparison, last year the company earned a revenue of C$19.07 billion and had a net profit of C$1.15 billion

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