Bank of Nova Scotia (BNS) Given Daily Media Impact Rating of 0.18
Press coverage about Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bank of Nova Scotia earned a coverage optimism score of 0.18 on Accern’s scale. Accern also assigned press coverage about the bank an impact score of 45.6317113524556 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Bank of Nova Scotia (BNS) traded up $0.07 during trading on Tuesday, hitting $66.15. 175,876 shares of the company’s stock were exchanged, compared to its average volume of 623,354. The firm has a market capitalization of $79,300.00, a P/E ratio of 12.52, a P/E/G ratio of 1.57 and a beta of 1.26. Bank of Nova Scotia has a 1-year low of $53.86 and a 1-year high of $66.78. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.06 and a current ratio of 1.06.
Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) last issued its quarterly earnings data on Tuesday, November 28th. The bank reported $1.32 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.32. The business had revenue of $5.45 billion during the quarter, compared to the consensus estimate of $5.64 billion. Bank of Nova Scotia had a net margin of 22.20% and a return on equity of 14.62%. sell-side analysts expect that Bank of Nova Scotia will post 5.42 earnings per share for the current fiscal year.
BNS has been the topic of a number of research analyst reports. Macquarie initiated coverage on shares of Bank of Nova Scotia in a report on Tuesday, October 24th. They set an “outperform” rating on the stock. Canaccord Genuity reissued a “buy” rating and set a $92.00 price objective on shares of Bank of Nova Scotia in a report on Tuesday, November 28th. Zacks Investment Research upgraded shares of Bank of Nova Scotia from a “sell” rating to a “hold” rating in a research report on Wednesday, January 17th. Finally, Scotiabank restated a “buy” rating and set a $95.00 target price on shares of Bank of Nova Scotia in a research report on Wednesday, November 22nd. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $85.80.
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Bank of Nova Scotia Company Profile
The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
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