General Electric (GE:NYS) and Bank of Nova Scotia (BNS:TSE) Downgraded

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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
GE General Electric Co 4 0 2 0 1 0 3.8571 4.1429 Outperform
BNS Bank of Nova Scotia 5 3 3 0 0 0 4.1818 4.2500 Outperform
BLK BlackRock Inc 4 1 1 0 0 0 4.5000 4.8333 Outperform
BMO Bank of Montreal 0 3 6 0 0 0 3.3333 3.5000 Hold
SLF Sun Life Financial Inc 2 0 9 0 0 0 3.3636 3.5000 Hold
WCN Waste Connections Inc 5 1 2 1 0 0 4.1111 4.2000 Outperform
FTS Fortis Inc 2 3 3 0 0 0 3.8750 4.0000 Outperform
SLG SL Green Realty Corp 1 0 3 0 0 0 3.5000 3.6667 Hold
RDY Dr Reddy’s Laboratories Ltd 0 0 0 1 0 0 2.0000 3.0000 Underperform
KORS Michael Kors Holdings Ltd 0 0 7 0 0 0 3.0000 3.2857 Hold
WPX WPX Energy Inc 3 0 0 1 0 0 4.2500 4.5000 Outperform
CFX Colfax Corp 3 0 5 0 0 0 3.7500 3.8571 Outperform
WRI Weingarten Realty Investors 1 0 0 0 1 0 3.0000 4.0000 Hold
LPI Laredo Petroleum Inc 2 0 3 0 0 0 3.8000 4.0000 Outperform
PNM PNM Resources Inc 3 0 2 0 0 0 4.2000 4.6000 Outperform
JCP JC Penney Co Inc 2 0 4 0 1 0 3.2857 3.5714 Hold
CNNX CONE Midstream Partners LP 0 0 1 0 0 0 3.0000 5.0000 Hold
PEI Pennsylvania Real Estate Investment Trust 0 0 1 0 0 0 3.0000 5.0000 Hold
CRC California Resources Corp 0 0 1 1 0 0 2.5000 3.0000 Underperform
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 5 3 3 0 0 0 4.1818 4.2500 Outperform
BMO Bank of Montreal 0 3 6 0 0 0 3.3333 3.5000 Hold
SLF Sun Life Financial Inc 2 0 9 0 0 0 3.3636 3.5000 Hold
WCN Waste Connections Inc 5 1 2 1 0 0 4.1111 4.2000 Outperform
FTS Fortis Inc 2 3 3 0 0 0 3.8750 4.0000 Outperform
NA National Bank of Canada 0 2 5 0 1 0 3.0000 3.2222 Hold
ONEX Onex Corp 1 3 1 0 0 0 4.0000 4.5000 Outperform
TOY Spin Master Corp 3 2 3 0 0 0 4.0000 4.1250 Outperform
ECI EnerCare Inc 1 2 2 0 0 0 3.8000 4.2000 Outperform
LB Laurentian Bank of Canada 0 1 6 0 1 0 2.8750 3.1111 Hold
AAR.UN Pure Industrial Real Estate Trust 5 2 2 0 0 0 4.3333 4.5000 Outperform
CHR Chorus Aviation Inc 1 5 1 0 0 0 4.0000 4.1429 Outperform
APH Aphria Inc 1 1 1 0 0 0 4.0000 4.5000 Outperform
BDI Black Diamond Group Ltd 5 1 1 0 2 0 3.7778 3.8889 Outperform
BLU BELLUS Health Inc 1 0 0 0 1 0 3.0000 5.0000 Hold
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
ICG Integra Gold Corp 4 4 0 0 2 0 3.8000 4.4000 Outperform
LSI Lonestar West Inc 0 0 1 0 0 0 3.0000 3.5000 Hold

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.

GE:NYS General Electric

http://www.ge.com
General Electric has 295000 employees and is headquartered in United States.
General Electric Co is a digital industrial company that transforms industry with software-defined machines & solutions offering aircraft engines, locomotives, power generation & oil & gas equipment to medical imaging, financing & industrial products.

BNS:TSE Bank of Nova Scotia

http://www.scotiabank.com
Bank of Nova Scotia has 88804 employees and is headquartered in Canada.
Bank of Nova Scotia is a diversified financial services institution that provides financial products and services to retail, commercial and corporate customers around the world.

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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.