Bank of Nova Scotia T.BNS

Alternate Symbol(s): BNS

Financial Services

The Bank of Nova Scotia is a bank in the Americas. 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. Its segments include Canadian Banking, International Banking, Global Wealth Management and Global Banking and Markets. The Canadian Banking segment provides a full suite of financial advice and banking solutions to retail, small business and commercial banking customers. The International Banking segment is a diverse franchise with Retail, Corporate, and Commercial customers. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across its footprint. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets.

TSX:BNS - Post by User

Bank of Nova Scotia > Buying... good sign

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Comment by RayDonovan78on Oct 12, 2022 8:59am

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Post# 35019098

RE:RE:RE:Buying... good sign

Yes the same analysts that said sell in March 2020. My average cost is still way BELOW current price with a 7% divy..... CIBC is even better....I love those Analysts !!

masfortuna wrote:

RayDonovan78 wrote: Yes it is....Gobbled some up last week on the lows adding to my initial position at the Covid 2020 lows. Not worried, good retirement hold, collecting a divy at roughly 7%....drawing a CIBC dIvy of 7.6% and BNS at 7%

Analysts have downgraded banks to "sell" expecting a 15% drp in the sp from here overall. In the case of BNS that will be closer to 20%. So if your time horizon is 10+ years you will get a great buying opportunity soon Ray.