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Analysts Offer Insights on Financial Companies: Bank Of Nova Scotia (BNS) and CI Financial (CIXX)

Analysts fell to the sidelines weighing in on Bank Of Nova Scotia (BNSResearch Report) and CI Financial (CIXXResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Bank Of Nova Scotia (BNS)

In a report released today, John Aiken from Barclays maintained a Hold rating on Bank Of Nova Scotia, with a price target of C$96.00. The company’s shares closed last Wednesday at $73.02, close to its 52-week high of $74.24.

According to TipRanks.com, Aiken is a 1-star analyst with an average return of -2.1% and a 45.5% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

Bank Of Nova Scotia has an analyst consensus of Strong Buy, with a price target consensus of $74.00.

See Insiders’ Hot Stocks on TipRanks >>

CI Financial (CIXX)

KBW analyst Robert Lee maintained a Hold rating on CI Financial today and set a price target of C$36.00. The company’s shares closed last Wednesday at $20.58.

According to TipRanks.com, Lee is a 5-star analyst with an average return of 10.7% and a 66.7% success rate. Lee covers the Financial sector, focusing on stocks such as BrightSphere Investment Group, Franklin Resources, and P10 Holdings.

Currently, the analyst consensus on CI Financial is a Moderate Buy with an average price target of $27.74.

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