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Analysts’ Opinions Are Mixed on These Financial Stocks: Qifu Technology (QFIN) and Bank Of Nova Scotia (BNS)

Analysts have been eager to weigh in on the Financial sector with new ratings on Qifu Technology (QFINResearch Report) and Bank Of Nova Scotia (BNSResearch Report).

Qifu Technology (QFIN)

Nomura analyst Shengbo Tang initiated coverage with a Buy rating on Qifu Technology today and set a price target of $22.72. The company’s shares closed last Friday at $14.83, close to its 52-week low of $13.12.

According to TipRanks.com, Tang is a 1-star analyst with an average return of -4.5% and a 25.6% success rate. Tang covers the Financial sector, focusing on stocks such as People’s Insurance Co (Group) of China, China Taiping Insurance Holdings Co, and Ping An Insurance Company of China.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Qifu Technology with a $22.91 average price target, implying a 53.9% upside from current levels. In a report issued on December 3, Morgan Stanley also maintained a Buy rating on the stock with a $24.00 price target.

See today’s best-performing stocks on TipRanks >>

Bank Of Nova Scotia (BNS)

Bank of America Securities analyst Ebrahim Poonawala reiterated a Hold rating on Bank Of Nova Scotia today and set a price target of $51.00. The company’s shares closed last Friday at $46.36.

According to TipRanks.com, Poonawala is a 4-star analyst with an average return of 6.5% and a 60.0% success rate. Poonawala covers the Financial sector, focusing on stocks such as Zions Bancorporation National Association, Bank of New York Mellon Corporation, and Canadian Bank of Commerce.

Bank Of Nova Scotia has an analyst consensus of Hold, with a price target consensus of $46.40, implying a -2.2% downside from current levels. In a report issued on December 5, National Bank also maintained a Hold rating on the stock with a C$60.00 price target.

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