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Analysts Offer Insights on Financial Companies: Bank Of Nova Scotia (BNS) and Moody’s (MCO)

Tipranks - Sat Aug 22, 6:00AM CDT

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Bank Of Nova Scotia (BNS) and Moody’s (MCO).

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Bank Of Nova Scotia (BNS)

The company’s shares closed last Thursday at $86.44.

According to TipRanks.com, Morton has 0 stars on 0-5 stars ranking scale with an average return of -7.9% and a 34.7% success rate. Morton covers the Financial sector, focusing on stocks such as Grupo Financiero Banorte SAB de CV, Grupo Financiero Inbursa SAB de CV, and Canadian Bank of Commerce. ;'>

Bank Of Nova Scotia has an analyst consensus of Hold, with a price target consensus of $93.66, representing a 6.7% upside. In a report issued on August 13, Jefferies also maintained a Hold rating on the stock with a C$117.00 price target.

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Moody’s (MCO)

In a report released yesterday, Ashish Sabadra from RBC Capital maintained a Buy rating on Moody’s, with a price target of $610.00. The company’s shares closed last Thursday at $498.77.

According to TipRanks.com, Sabadra is a 4-star analyst with an average return of 2.3% and a 56.6% success rate. Sabadra covers the Financial sector, focusing on stocks such as Intercontinental Exchange, Cboe Global Markets, and Factset Research. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Moody’s with a $564.00 average price target, a 13.5% upside from current levels. In a report issued on August 17, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $570.00 price target.

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