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

Tipranks - Thu Feb 26, 6:28AM CST

RBC Capital analyst Michael Harvey maintained a Hold rating on Bank Of Nova Scotia yesterday and set a price target of C$106.00. The company’s shares closed yesterday at C$103.32.

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According to TipRanks, Harvey is a 5-star analyst with an average return of 23.1% and a 62.71% success rate. Harvey covers the Energy sector, focusing on stocks such as ARC Resources, Advantage Energy, and Birchcliff Energy.

In addition to RBC Capital, Bank Of Nova Scotia also received a Hold from Barclays’s Brian Morton in a report issued today. However, yesterday, Canaccord Genuity maintained a Buy rating on Bank Of Nova Scotia (NYSE: BNS).

BNS market cap is currently C$127.7B and has a P/E ratio of 17.82.

Based on the recent corporate insider activity of 18 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BNS in relation to earlier this year.

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