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Bullboard - Stock Discussion Forum Bank of Nova Scotia T.BNS

Alternate Symbol(s):  BNS

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to... see more

TSX:BNS - Post Discussion

Bank of Nova Scotia > Credit Suisse Analyst Downgrades BNS to underperform
View:
Post by RayDonovan78 on Jan 08, 2021 9:28am

Credit Suisse Analyst Downgrades BNS to underperform

So BUY BUY BUY !!!!
Comment by DeanEdmonton on Jan 08, 2021 11:57am
I agree. As sson as the Analysts start bagging on Canadian Bank stocks they are set for another move up. The Analyst community and the short sellers haven't got this right in 20 years.
Comment by Dibah420 on Jan 11, 2021 10:07am
Agreed.  The CEO of RY was cited on BNN.  I missed most of it but the conclusion seems to have been that all those billions put in credit loss provisions will be moved back into the income column in the second half of 2021. However I  am wary of the speed at which markets have shot up and wouldn't be surprised of a minor correction. Cheers
Comment by Dibah420 on Jan 11, 2021 11:15am
Oops.  Read SOME for ALL.
Comment by DeanEdmonton on Jan 14, 2021 2:34pm
BNS is up $3 since the downgrade. Wonder if that Analyst will get booted once it is up 10 bucks. :-)
Comment by dileas48s on Jan 14, 2021 2:45pm
LOL - Canadian banks are always misunderstood by outside analysts
Comment by DeanEdmonton on Feb 22, 2021 2:52pm
Just like my previous post, that analyst was realy spot on, NOT!. these guys just keep proving how little they really understand the comanies they report on. Be interesting to see if they do a round of upgrades after the earnings are released.
Comment by Quintessential1 on Feb 23, 2021 12:27pm
It's ok they'll raise it tomorrow.  LOL Congrats longs!  ;-)