Scotiabank traded at $125.29 this Thursday July 16th, decreasing $1.57 or 1.24 percent since the previous trading session. Looking back, over the last four weeks, Scotiabank lost 2.83 percent. Over the last 12 months, its price rose by 127.59 percent. Looking ahead, we forecast Scotiabank to be priced at 121.41 by the end of this quarter and at 113.57 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Bank of Nova Scotia is an international bank and a financial services provider in Latin America, the Caribbean and Central America, and Asia. 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, which provides a suite of financial advice and banking solutions to retail, small business, commercial and wealth management customers; International Banking, which provides a range of financial products, solutions and advice to retail and commercial customers in select regions outside of Canada; Global Wealth Management, which focuses on delivering wealth management advice and solutions, and Global Banking and Markets (GBM), which provides lending and transaction services, investment banking advice and access to capital markets.