IBM (IBM:NYS) and Bank of Nova Scotia (BNS:TSE) Downgraded

Stockcalc – Free Trial

Have a free look inside the StockCalc website at www.stockcalc.com



I have used the analysis tools on the website stockcalc.com to generate some of the content of this blog post. These tools and reports are available for free at www.stockcalc.com/toppicks.aspx.

Downgraded Stocks on NYSE, NASDAQ, AMEX, TSE, and TSX

Today we are looking at companies whose share price has been downgraded by at least one analyst in the last few days.

Why Do Companies Get Downgraded?

Companies can get downgraded for a number of reasons but primarily due to reduced future earnings potential due to loss of contracts, faultering product lines, increasing costs relative to revenue or financial risk.

In the list below you can see the number of analysts we have in the StockCalc database along with the number of buy-hold-sell on the company.

Today’s Data on NYSE, NASDAQ, AMEX, TSE, and TSX

Below we have today’s data for companies listed on all of the New York Stock Exchange, NASDAQ Stock Exchange, American Stock Exchange, Toronto Stock Exchange, and TSX Venture Exchange.

New York Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
IBM International Business Machines Corp 3 0 5 0 1 0 3.4444 3.5556 Hold
BNS Bank of Nova Scotia 3 3 4 0 0 0 3.9000 4.1000 Outperform
RTN Raytheon Co 4 0 3 0 0 0 4.1429 4.3333 Outperform
NOC Northrop Grumman Corp 1 0 5 0 0 0 3.3333 3.4000 Hold
ABB ABB Ltd 1 0 2 0 0 0 3.6667 4.0000 Outperform
ECA Encana Corp 12 5 1 1 0 0 4.4737 4.5000 Outperform
HII Huntington Ingalls Industries Inc 3 0 3 0 0 0 4.0000 4.2000 Outperform
IPG The Interpublic Group of Companies Inc 1 1 2 0 0 0 3.7500 4.0000 Outperform
CLS Celestica Inc 2 0 8 0 0 0 3.4000 3.5455 Hold
SFUN Fang Holdings Ltd 1 0 1 0 0 0 4.0000 5.0000 Outperform
LL Lumber Liquidators Holdings Inc 0 0 2 0 0 0 3.0000 3.6667 Hold
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
BNS Bank of Nova Scotia 3 3 4 0 0 0 3.9000 4.1000 Outperform
ECA Encana Corp 12 5 1 1 0 0 4.4737 4.5000 Outperform
DOO BRP Inc 3 2 3 0 0 0 4.0000 4.1111 Outperform
IVQ.U Invesque Inc 1 1 1 0 0 0 4.0000 4.5000 Outperform
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
FLIR FLIR Systems Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
TLRY Tilray Inc 0 0 1 0 0 0 3.0000 5.0000 Hold
CREE Cree Inc 1 0 3 0 0 0 3.5000 3.6667 Hold
HAIN The Hain Celestial Group Inc 2 0 3 0 1 0 3.3333 3.5000 Hold
CTWS Connecticut Water Service Inc 0 0 0 0 1 0 1.0000 3.0000 Sell
HIBB Hibbett Sports Inc 0 0 2 0 1 0 2.3333 3.0000 Underperform
ACET Aceto Corp 0 0 0 0 1 0 1.0000 2.0000 Sell

Let’s look at a few companies…

Lets look at a couple of the companies on this list to get a better understanding of them.

IBM:NYS IBM

http://www.ibm.com
IBM has 397800 employees and is headquartered in United States.
International Business Machines Corp offers a variety of IT services along with software, and hardware. It has operations in over 170 countries and provides planning, build, manage, and maintain IT infrastructure, platforms, applications, and services.

BNS:TSE Bank of Nova Scotia

http://www.scotiabank.com
Bank of Nova Scotia has 89809 employees and is headquartered in Canada.
Bank of Nova Scotia is an international bank and a financial service provider. The company provides personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets services.

Free Valuation

Run a valuation on any of the companies listed above at www.stockcalc.com/valureport.aspx or subscribe at our Stockcalc Facebook Page to receive this list each day Stockcalc Reports.

The content presented here is in part from the website stockcalc.com and is provided on an as is or as available basis with all faults and may not be current in all cases. You should not rely on any of the information as authoritative or as a substitute for the exercise of your own skill and judgment in making an investment decision.