Canaccord Genuity Keeps Their Hold Rating on Bank Of Nova Scotia (BNS)

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According to TipRanks, Lee is a 5-star analyst with an average return of 23.3% and a 69.82% success rate. Lee covers the Financial sector, focusing on stocks such as Bank Of Montreal, Bank Of Nova Scotia, and Canadian Bank of Commerce.

In a report released on May 28, CIBC also assigned a Hold rating to the stock with a C$122.00 price target.

Based on Bank Of Nova Scotia’s latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of C$17.19 billion and a net profit of C$2.6 billion. In comparison, last year the company earned a revenue of C$17.95 billion and had a net profit of C$1.98 billion