Liberty Global plc (LBTYA) Reaches $29.41 After 5.00% Down Move; Scheer Rowlett & Associates Investment Management LTD Has Boosted By $9.20 Million Its Bank Of Nova Scotia (BNS) Holding

June 13, 2018 - By Migdalia James

Liberty Global plc (NASDAQ:LBTYA) Logo

Scheer Rowlett & Associates Investment Management Ltd increased Bank Of Nova Scotia (BNS) stake by 10.73% reported in 2018Q1 SEC filing. Scheer Rowlett & Associates Investment Management Ltd acquired 150,765 shares as Bank Of Nova Scotia (BNS)’s stock declined 0.93%. The Scheer Rowlett & Associates Investment Management Ltd holds 1.56 million shares with $95.79 million value, up from 1.41M last quarter. Bank Of Nova Scotia now has $71.89 billion valuation. The stock increased 0.46% or $0.26 during the last trading session, reaching $58.41. About 308,593 shares traded. The Bank of Nova Scotia (NYSE:BNS) has risen 10.02% since June 13, 2017 and is uptrending. It has underperformed by 2.55% the S&P500. Some Historical BNS News: ; 02/05/2018 – QewsNews: Exclusive – Scotiabank reworks ScotiaMocatta metals after failed sale; 10/04/2018 – SCOTIABANK SAYS MARKET NEEDS TIME TO ABSORB MORTGAGE CHANGES; 29/03/2018 – Improving US Household and Business Fundamentals Point to Higher US Sales Ahead: Scotiabank Economics; 30/05/2018 – SCOTIABANK CFO MCGUCKIN TO TAKE LEAVE FOR FAMILY ILLNESS; 23/04/2018 – ANNOUNCED: Bank of Nova Scotia $500m Prime Auto ABS; 28/03/2018 – SCOTIABANK CFO SAYS IFRS9 RULES ‘WILL BE MANAGEABLE’; 21/03/2018 – SCOTIABANK CEO ‘GUARDEDLY OPTIMISTIC’ OF NAFTA AGREEMENT; 09/05/2018 – SCOTIABANK, BANCO CENCOSUD ENTER 15YR BUSINESS PACT; 10/04/2018 – SCOTIABANK CEO ENDS COMMENTS TO MEDIA AFTER ANNUAL MEETING; 29/05/2018 – BANK OF NOVA SCOTIA – PURCHASES UNDER BID MAY COMMENCE ON JUNE 4, 2018, AND WILL TERMINATE ON JUNE 3, 2019

The stock of Liberty Global plc (NASDAQ:LBTYA) is a huge mover today! The stock decreased 2.42% or $0.73 during the last trading session, reaching $29.41. About 612,083 shares traded. Liberty Global plc (NASDAQ:LBTYA) has declined 7.21% since June 13, 2017 and is downtrending. It has underperformed by 19.78% the S&P500.The move comes after 8 months negative chart setup for the $22.90B company. It was reported on Jun, 13 by Barchart.com. We have $27.94 PT which if reached, will make NASDAQ:LBTYA worth $1.14 billion less.

More notable recent The Bank of Nova Scotia (NYSE:BNS) news were published by: Seekingalpha.com which released: “Financial upgrades / downgrades” on June 11, 2018, also Seekingalpha.com with their article: “The Bank of Nova Scotia’s (BNS) CEO Brian Porter on Q2 2018 Results – Earnings Call Transcript” published on May 29, 2018, Seekingalpha.com published: “Scotiabank to buy MD Financial Management for C$2.59B” on May 31, 2018. More interesting news about The Bank of Nova Scotia (NYSE:BNS) were released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on Bank of Nova Scotia, Eaton Corporation, Canadian National Railway …” published on June 04, 2018 as well as Seekingalpha.com‘s news article titled: “Bank cyber attacks reported in Canada” with publication date: May 29, 2018.

Among 9 analysts covering The Bank Of Nova Scotia (NYSE:BNS), 5 have Buy rating, 0 Sell and 4 Hold. Therefore 56% are positive. The Bank Of Nova Scotia had 18 analyst reports since August 4, 2015 according to SRatingsIntel. Canaccord Genuity maintained it with “Buy” rating and $87.0 target in Tuesday, August 29 report. The company was maintained on Wednesday, August 31 by RBC Capital Markets. As per Friday, August 28, the company rating was maintained by Canaccord Genuity. The firm has “Outperform” rating given on Monday, August 31 by RBC Capital Markets. Macquarie Research downgraded The Bank of Nova Scotia (NYSE:BNS) on Thursday, June 9 to “Neutral” rating. The firm has “Neutral” rating given on Tuesday, June 5 by Bank of America. The company was initiated on Wednesday, September 21 by Dundee Securities. RBC Capital Markets maintained The Bank of Nova Scotia (NYSE:BNS) rating on Wednesday, December 2. RBC Capital Markets has “Outperform” rating and $72 target. The firm has “Overweight” rating by Barclays Capital given on Tuesday, May 23. As per Wednesday, May 31, the company rating was maintained by RBC Capital Markets.

Scheer Rowlett & Associates Investment Management Ltd decreased Manulife Financial Corp. (NYSE:MFC) stake by 625,838 shares to 2.98M valued at $55.34 million in 2018Q1. It also reduced Magna International Inc. Class A (NYSE:MGA) stake by 42,541 shares and now owns 1.27M shares. Toronto (NYSE:TD) was reduced too.

Liberty Global plc, together with its subsidiaries, provides video, broadband Internet, fixed-line telephony, mobile, and other communications services to residential clients and businesses internationally. The company has market cap of $22.90 billion. It offers video services, including digital video programming and audio services starting with a basic video service, video-on-demand, electronic programming guide, various premium channel packages, digital video recorders, various mobile applications, set-top boxes, and pay-per-view programming. It currently has negative earnings. The firm provides entertainment, sports, movies, documentaries, lifestyles, news, adult, children, and ethnic and foreign channels.

More recent Liberty Global plc (NASDAQ:LBTYA) news were published by: Streetinsider.com which released: “Berenberg Starts Liberty Global (LBTYA) at Sell” on June 13, 2018. Also Benzinga.com published the news titled: “Benzinga’s Top Upgrades, Downgrades For June 13, 2018” on June 13, 2018. Nasdaq.com‘s news article titled: “Vodafone Group Plc Shares Fall as CEO Prepares to Step Down” with publication date: May 15, 2018 was also an interesting one.

Among 16 analysts covering Liberty Global (NASDAQ:LBTYA), 15 have Buy rating, 0 Sell and 1 Hold. Therefore 94% are positive. Liberty Global had 55 analyst reports since August 6, 2015 according to SRatingsIntel. The company was maintained on Thursday, January 14 by RBC Capital Markets. As per Monday, June 12, the company rating was maintained by RBC Capital Markets. Societe Generale initiated it with “Buy” rating and $48 target in Tuesday, December 6 report. The stock has “Outperform” rating by Bernstein on Thursday, March 15. Pivotal Research maintained the shares of LBTYA in report on Friday, June 24 with “Buy” rating. The stock of Liberty Global plc (NASDAQ:LBTYA) earned “Buy” rating by Macquarie Research on Tuesday, June 20. On Wednesday, July 6 the stock rating was maintained by Wunderlich with “Hold”. The stock of Liberty Global plc (NASDAQ:LBTYA) earned “Equal-Weight” rating by Morgan Stanley on Monday, January 11. The company was maintained on Monday, November 7 by Wunderlich. RBC Capital Markets maintained Liberty Global plc (NASDAQ:LBTYA) on Monday, November 9 with “Outperform” rating.

Liberty Global plc (NASDAQ:LBTYA) Ratings Chart

Echostar Corporation-Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>