Buy, Sell or Hold: Bank of Nova Scotia (BNS-T) — Stock Predictions at Stockchase

TSE:BNS

87.66

2.31 (2.57%) 1d

Showing 1 to 15 of 1,470 entries

TOP PICK

Big footprint in EM. Canada's third largest. Acquisitions are done for now. Visible path to double-digit returns, at just over 11x earnings. Record high, more in store. Yield is 4.40%. (Analysts’ price target is $94.15)

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TOP PICK

Canadian banks are attractive due to rising interest rates. The bank has been underperforming compared to other big Canadian banks due to exposure to Latin America where vaccines aren't as prevalent. Trading at 10.5x earnings, inexpensive historically.

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COMMENT

Likes stock because emerging market footprint is unique. Undervalued emerging market footprint. Business is positioned well to improve operating performance.

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TOP PICK

She likes the Canadian banks. BNS lagged the group, but trades at a double-digit discount in PE to its peers. Their international business has lagged the recovery because Covid has hit those areas hard; amounts to 20% of their overall business. They're restructuring but improving. The valuation discount will shrink. BNS raised their dividend and pays a 4.7% dividend at a a 47% payout ratio. (Analysts’ price target is $93.15)

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PAST TOP PICK

(A Top Pick Dec 04/20, Up 32%) Will continue to win back investors. With Latin American exposure, plus potential increases in commodities, it's well positioned to benefit from that. Trading at a discount to the group. Yield of 4.7% is amongst the highest. Towards the top of the list of banks he'd pick today.

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TOP PICK

Stockchase Research Editor: Michael O'Reilly With recently reported earnings belaying concerns, BNS is a TOP PICK. EPS beat analyst expectations by over 30%. It trades at 11x earnings compared to peers at 13x and is currently valued at just over 1.5x book value. It pays an excellent dividend (which was increased 11%), backed by a payout ratio under 50% of cash flow. We would buy this with a stop loss at $78.50, looking to achieve $114 -- upside potential over 33%. Yield 4.33% (Analysts’ price target is $113.71)

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PAST TOP PICK

(A Top Pick Dec 02/20, Up 30%) Cheapest among the big 6 banks. Good opportunity here. Reported numbers better than expected. Buying back shares. Latin American footprint will have greater organic growth than the other banks. Still buying it.

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PAST TOP PICK

(A Top Pick Dec 03/20, Up 29%) Time to reap what they've sown in acquisitions. Continues to own and buy. Footprint in EM, so double or triple the organic growth there, though risks are higher. Well run. Undemanding valuation, compelling yield. Over-capitalized enough to raise dividends and repurchase shares.

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COMMENT

Were long time shareholders and were very happy. Exposure to Latin America were good growth areas but do not think it is positive still. Was one of the under-performers in the banking sector. Likes Canadian banks. Likes National Bank the most.

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PAST TOP PICK

(A Top Pick Feb 26/20, Up 17%) Still a buy though it's lagged the other banks, due to its larger EM footprint. EM was hit hard during the pandemic. Trades around 10x earnings and pays a 4.5% dividend, but this will rebound. BNS is the most undervalued, trading at a 10% discount to peers. He likes RY and TD.

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HOLD

It has been a bit of a dark horse here as it has under-performed due to the Latin American assets. They have the best potential to turn things around.

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BUY on WEAKNESS

They have had a good run. The dividend is safe. It has some international exposure which adds some volatility. These are good opportunities to add to the banks. Some banks have a lot of room to raise dividends.

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PAST TOP PICK

(A Top Pick Dec 04/20, Up 18%) It lags its peers, but is selling at a discount based on a lower price-to book at 1.4x, yet paying a 4.5% dividend. Good to buy at current prices. The banks will do well when they can raise dividends and buyback shares again.

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. 5i likes the global and international exposure that BNS offers compared to other big banks. If the global economy continues to grow, they should remain strong. Unlock Premium - Try 5i Free

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BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The company reported good results recently. Investors expect a dividend increase shortly. A global recovery will help their position further, and 5i is comfortable here. Unlock Premium - Try 5i Free

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Showing 1 to 15 of 1,470 entries

Bank of Nova Scotia(BNS-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 11

Neutral - Hold Signals / Votes : 2

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 14

Stockchase rating for Bank of Nova Scotia is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Bank of Nova Scotia(BNS-T) Frequently Asked Questions

What is Bank of Nova Scotia stock symbol?

Bank of Nova Scotia is a Canadian stock, trading under the symbol BNS-T on the Toronto Stock Exchange (BNS-CT). It is usually referred to as TSX:BNS or BNS-T

Is Bank of Nova Scotia a buy or a sell?

In the last year, 14 stock analysts published opinions about BNS-T. 11 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Bank of Nova Scotia.

Is Bank of Nova Scotia a good investment or a top pick?

Bank of Nova Scotia was recommended as a Top Pick by on . Read the latest stock experts ratings for Bank of Nova Scotia.

Why is Bank of Nova Scotia stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Bank of Nova Scotia worth watching?

14 stock analysts on Stockchase covered Bank of Nova Scotia In the last year. It is a trending stock that is worth watching.

What is Bank of Nova Scotia stock price?

On 2022-01-24, Bank of Nova Scotia (BNS-T) stock closed at a price of $87.66.

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