Stocks Under Scanner in the Banking Space -- PNC Financial Services Group, Bank of Nova Scotia, Banco Santander, and Canadian Imperial Bank of Commerce
NEW YORK, Nov. 8, 2017 /PRNewswire/ -- If you want a Stock Review on PNC, BNS, BSAC, or CM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. On Tuesday, November 07, 2017, the NASDAQ Composite ended the trading session at 6,767.78, down 0.27%; the Dow Jones Industrial Average edged 0.04% higher, to finish at 23,557.23; and the S&P 500 closed at 2,590.64, slightly dropping 0.02%. US markets saw five out of nine sectors finishing the day in red, three in green, and one in neutral territory. This Wednesday, DailyStockTracker.com has initiated reports coverage on the following Money Center Banks equities: The PNC Financial Services Group Inc. (NYSE: PNC), The Bank of Nova Scotia (NYSE: BNS), Banco Santander-Chile (NYSE: BSAC), and Canadian Imperial Bank of Commerce (NYSE: CM). Take a look at the free research reports issued today on DailyStockTracker.com for these stocks by signing up at:
http://dailystocktracker.com/register/
PNC Financial Services Group
Pittsburgh, Pennsylvania headquartered The PNC Financial Services Group Inc.'s stock finished Tuesday's session 3.25% lower at $134.09 with a total trading volume of 2.51 million shares, which was above its three months average volume of 1.90 million shares. The Company's shares have advanced 39.10% over the past twelve months and 14.65% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 1.16% and 6.53%, respectively. Additionally, shares of The PNC Financial Services, which operates as a diversified financial services company in the US and internationally, have a Relative Strength Index (RSI) of 46.10.
On October 16th, 2017, research firm RBC Capital Markets reiterated its 'Top Pick' rating on the Company's stock with an increase of the target price from $130 a share to $145 a share. Sign up and read the free research report on PNC at:
http://dailystocktracker.com/registration/?symbol=PNC
Bank of Nova Scotia
On Tuesday, shares in Toronto, Canada headquartered The Bank of Nova Scotia recorded a trading volume of 337,423 shares. The stock ended the session 0.44% lower at $65.53. The Company's shares have advanced 22.08% over the last twelve months and 17.69% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.57% and 8.54%, respectively. Moreover, shares of the Company, which provides various financial services in North America, Latin America, the Caribbean and Central America, and Asia/Pacific, have an RSI of 62.74.
On October 24th, 2017, research firm Macquarie initiated an 'Outperform' rating on the Company's stock. The complimentary research report on BNS can be downloaded at:
http://dailystocktracker.com/registration/?symbol=BNS
Banco Santander
Santiago, Chile headquartered Banco Santander-Chile's shares closed the day 0.84% lower at $30.76. The stock recorded a trading volume of 312,216 shares. The Company's shares have gained 34.62% over the last twelve months and 40.65% since the start of the year. The stock is trading above its 50-day and 200-day moving averages by 1.84% and 17.50%, respectively. Additionally, shares of the Company, which provides commercial and retail banking products and services in Chile, have an RSI of 50.01. Register for free on DailyStockTracker.com and access the latest report on BSAC at:
http://dailystocktracker.com/registration/?symbol=BSAC
Canadian Imperial Bank of Commerce
Shares in Toronto, Canada headquartered Canadian Imperial Bank of Commerce finished 0.41% lower at $89.76. The stock recorded a trading volume of 269,805 shares. The Company's shares have advanced 20.35% over the last twelve months and 10.00% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.04% and 5.52%, respectively. Furthermore, shares of the Company, which provides various financial products and services to individual, small business, commercial, corporate, and institutional clients in Canada and internationally, have an RSI of 56.39.
On October 25th, 2017, research firm Citigroup downgraded the Company's stock rating from 'Buy' to 'Neutral'. Get free access to your research report on CM at:
http://dailystocktracker.com/registration/?symbol=CM
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