Bank of Nova Scotia (BNS-T) Stock Predictions - Stockchase
WATCH LIST
1347
Bank of Nova Scotia (BNS-T)

ON STOCKCHASE SINCE Oct 2000

banks

Bank of Nova Scotia

BNS-T

873 watching          
Join the Discussion

Bank of Nova Scotia (BNS-T) SAVE Apr, 25, 2019, 5:19 am

72.59 0.57 (0.78%)

About Bank of Nova Scotia (BNS-T)

The Bank of Nova Scotia, operating as Scotiabank, is a Canadian multinational bank. It is the third largest bank in Canada by deposits and market capitalization. More at Wikipedia

What the experts are saying about BNS-T



  • All
  • Filtered
Signal Opinion Expert
BUY
One of the cheaper names in the bank space in Canada. Their revenues come from outside Canada, including emerging markets where commodity prices at more at risk. This is reflected in their relative share price. In the long run this is a fine holding. It trades at 10 times earnings, near 5% dividend. Historically, this is an excellent time to buy Canadian banks.
banks
0 0 0 0 0
0 comments
One of the cheaper names in the bank space in Canada. Their revenues come from outside Canada, including emerging markets where commodity prices at more at risk. This is reflected in their relative share price. In the long run this is a fine holding. It trades at 10 times earnings, near 5% dividend. Historically, this is an excellent time to buy Canadian banks.
banks
0 0 0 0 0
0 comments
Kash Pashootan

CEO & Chie, First Avenue Investm...

Price Price
$72.590
Owned Owned
Unknown

COMMENT
Canadian Banks? Through 2020 be cautious. He only owns Scotiabank, with a smaller percent of business in Canada. The Canadian consumer is too stretched with debt and he worries about real estate values.
banks
0 0 0 0 0
0 comments
Canadian Banks? Through 2020 be cautious. He only owns Scotiabank, with a smaller percent of business in Canada. The Canadian consumer is too stretched with debt and he worries about real estate values.
banks
0 0 0 0 0
0 comments
Norman Levine

Managing D, Portfolio Management...

Price Price
$72.850
Owned Owned
_N/A

DON'T BUY
Canadian banks have minor seasonality: Oct-Dec and Jan-Apr. The last earnings were weak. Will this keep happening or was that a one-time weak report? Will the weaker housing market in Vancouver hurt the banks? Then again, Toronto housing is holding on. BNS's chart has a down trend since late-2017, which is not good. He doesn't see much upside with this group. It'll depend on May's report.
banks
0 0 0 0 0
0 comments
Canadian banks have minor seasonality: Oct-Dec and Jan-Apr. The last earnings were weak. Will this keep happening or was that a one-time weak report? Will the weaker housing market in Vancouver hurt the banks? Then again, Toronto housing is holding on. BNS's chart has a down trend since late-2017, which is not good. He doesn't see much upside with this group. It'll depend on May's report.
banks
0 0 0 0 0
0 comments
Brooke Thackray

Research A, Horizons ETFs (Canad...

Price Price
$71.100
Owned Owned
Unknown

BUY
CIBC vs. BNS Canadian bank shareholders haven't made money lately including himself. The market has been worrying about bank prospects (i.e. mortgage defaults) constantly, and yes Q1 was weak, but he expects banks to show positive earnings. Also, they trade at 9-10x earnings and pay good dividends that'll grow. Of the two, he'd pick BNS.
banks
0 0 0 0 0
0 comments
CIBC vs. BNS Canadian bank shareholders haven't made money lately including himself. The market has been worrying about bank prospects (i.e. mortgage defaults) constantly, and yes Q1 was weak, but he expects banks to show positive earnings. Also, they trade at 9-10x earnings and pay good dividends that'll grow. Of the two, he'd pick BNS.
banks
0 0 0 0 0
0 comments
Barry Schwartz

CIO & Port, Baskin Wealth Manage...

Price Price
$71.150
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Oct 01/18, Down 6%) Likes it as an international play in Latin America where margins are double in Canada. It's well-run. They've made big acqusitions in wealth management which ate into earnings. He still likes it. It pays nearly a 5% dividend.
banks
0 0 0 0 0
0 comments
(A Top Pick Oct 01/18, Down 6%) Likes it as an international play in Latin America where margins are double in Canada. It's well-run. They've made big acqusitions in wealth management which ate into earnings. He still likes it. It pays nearly a 5% dividend.
banks
0 0 0 0 0
0 comments
Gavin Graham

Trustee, Pointbreak ETFs...

Price Price
$70.780
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Feb 13/18, Down 4%) Believes in it for its international exposure in Latin American and SE Asia and its increasing dividend yield. It's been oversold.
banks
0 0 0 0 0
0 comments
(A Top Pick Feb 13/18, Down 4%) Believes in it for its international exposure in Latin American and SE Asia and its increasing dividend yield. It's been oversold.
banks
0 0 0 0 0
0 comments
David Baskin

President, Baskin Wealth Manage...

Price Price
$70.620
Owned Owned
Yes

PAST TOP PICK
(A Top Pick Feb 21/18, Down 2%) All the Canadian banks have been down this period, but based on relative valuation, he'd pick BNS now. Pays a good dividend. Its relative valuation has slipped because it is exposed to Latin America. That said, this is a core holding of his and he owns a lot of it.
banks
0 0 0 0 0
0 comments
(A Top Pick Feb 21/18, Down 2%) All the Canadian banks have been down this period, but based on relative valuation, he'd pick BNS now. Pays a good dividend. Its relative valuation has slipped because it is exposed to Latin America. That said, this is a core holding of his and he owns a lot of it.
banks
0 0 0 0 0
0 comments
Michael Sprung

President, Sprung Investment Ma...

Price Price
$72.780
Owned Owned
Yes

TOP PICK
Often the worst bank one year does the best the next. BNS is 50% Canada and 50% foreign operations. (Analysts’ price target is $79.17)
banks
0 0 0 0 0
0 comments
Often the worst bank one year does the best the next. BNS is 50% Canada and 50% foreign operations. (Analysts’ price target is $79.17)
banks
0 0 0 0 0
0 comments
Bruce Campbell

President, Campbell and Lee Inv...

Price Price
$73.480
Owned Owned
Yes

TOP PICK
He picked the worst Canadian bank year to date. It's underperformed. Their capital markets side was worse than expected. There've been questions about their Mexico operations with changes in that banking environment. They are a good dividend grower and will do another one likely in Q3. The growth of their mortage bank is slowing, though still positive; delinquencies haven't risen. Their core business is domestic retail and what matters is what they do with that cash flow. They're investing in technology which has hurt margins. (Analysts’ price target is $79.17)
banks
0 0 0 0 0
0 comments
He picked the worst Canadian bank year to date. It's underperformed. Their capital markets side was worse than expected. There've been questions about their Mexico operations with changes in that banking environment. They are a good dividend grower and will do another one likely in Q3. The growth of their mortage bank is slowing, though still positive; delinquencies haven't risen. Their core business is domestic retail and what matters is what they do with that cash flow. They're investing in technology which has hurt margins. (Analysts’ price target is $79.17)
banks
0 0 0 0 0
0 comments
Douglas Kee

Chief Inve, Leon Frazer & Associ...

Price Price
$72.760
Owned Owned
Yes

COMMENT
They've gone through a rough patch, but he sees opportunities for them outside Canada than within, namely in Mexico and South America. He expects a better earnings report from them than the last. The dividend is also good.
banks
0 0 0 0 0
0 comments
They've gone through a rough patch, but he sees opportunities for them outside Canada than within, namely in Mexico and South America. He expects a better earnings report from them than the last. The dividend is also good.
banks
0 0 0 0 0
0 comments
David Cockfield

Managing D, Northland Wealth Man...

Price Price
$72.370
Owned Owned
Yes

TOP PICK
You want to buy the disappointing bank. Has a good yield. They are not as much in Canada as the other banks. Yield = 4.75% (Analysts’ price target is $79.17)
banks
0 0 0 0 0
0 comments
You want to buy the disappointing bank. Has a good yield. They are not as much in Canada as the other banks. Yield = 4.75% (Analysts’ price target is $79.17)
banks
0 0 0 0 0
0 comments
Lyle Stein

Sr. Portfo, Vestcap Investment M...

Price Price
$72.670
Owned Owned
Yes

COMMENT
Bank of Nova Scotia(BNS-T) 

February 27, 2019

He doesn't focus too closely on the analysts downgrades. The return provided by banks is half what they were a decade ago. The banks are trading 10 times earnings with dividends of 3-4% yields. He is still positive on them.
banks
0 0 0 0 0
0 comments
He doesn't focus too closely on the analysts downgrades. The return provided by banks is half what they were a decade ago. The banks are trading 10 times earnings with dividends of 3-4% yields. He is still positive on them.
banks
0 0 0 0 0
0 comments
Ryan Bushell

President, Newhaven Asset Manag...

Price Price
$72.720
Owned Owned
Unknown

DON'T BUY
Bank of Nova Scotia(BNS-T) 

February 27, 2019

BNS missed its earnings earlier this week, so is it a buying opportunity? For the first time in years, he's owned BMO which he prefers. Valuations of all the banks fell to a good level in December, so he bought. BNS is his least-favourite bank, having made poor acquisitions in the last few years. They didn't execute in the past quarter, unlike its peers. You don't need to unload this stock, though.
banks
0 0 0 0 0
0 comments
BNS missed its earnings earlier this week, so is it a buying opportunity? For the first time in years, he's owned BMO which he prefers. Valuations of all the banks fell to a good level in December, so he bought. BNS is his least-favourite bank, having made poor acquisitions in the last few years. They didn't execute in the past quarter, unlike its peers. You don't need to unload this stock, though.
banks
0 0 0 0 0
0 comments
James Telfser

Partner & , Aventine Management ...

Price Price
$72.720
Owned Owned
No

COMMENT
Bank of Nova Scotia(BNS-T) 

February 26, 2019

Announced mix earnings today BNS has underperformed the past year among Canadian banks. It yields around 5%. He likes this long-term. They own a lot of international banking assets which have had a rough ride lately. A well-run company and will do well ultimately. BNS is having a temporary lull, that's all. (BMO had nice results today, though.)
banks
0 0 0 0 0
0 comments
Announced mix earnings today BNS has underperformed the past year among Canadian banks. It yields around 5%. He likes this long-term. They own a lot of international banking assets which have had a rough ride lately. A well-run company and will do well ultimately. BNS is having a temporary lull, that's all. (BMO had nice results today, though.)
banks
0 0 0 0 0
0 comments
Jamie Murray

Head of re, Murray Wealth Group...

Price Price
$73.170
Owned Owned
Yes

WAIT
Bank of Nova Scotia(BNS-T) 

February 21, 2019

He really likes the chart. You have been in a downtrend since April. There are lower lows and lower highs. Earnings are coming up but as long as there is no nasty drop, he likes that it is pushing up and leading the banks. The resistance of $78 is the next key level. He is concerned about knowing the exact composition of their emerging markets business.
banks
0 0 0 0 0
0 comments
He really likes the chart. You have been in a downtrend since April. There are lower lows and lower highs. Earnings are coming up but as long as there is no nasty drop, he likes that it is pushing up and leading the banks. The resistance of $78 is the next key level. He is concerned about knowing the exact composition of their emerging markets business.
banks
0 0 0 0 0
0 comments
Javed Mirza

Technical , Canaccord Genuity ...

Price Price
$75.500
Owned Owned
Unknown

Showing 1 to 15 of 1,347 entries
Successfully Saved Company
Successfully Saved Company