The Toronto-Dominion Bank (TD:TSE) and Bank of Nova Scotia (BNS:NYS) 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
PTR PetroChina Co Ltd 0 0 3 0 0 0 3.0000 3.6667 Hold
TD The Toronto-Dominion Bank 3 1 6 0 0 0 3.7000 3.8182 Outperform
BNS Bank of Nova Scotia 4 3 3 0 0 0 4.1000 4.1818 Outperform
COP ConocoPhillips 6 0 2 0 0 0 4.5000 4.7500 Outperform
SU Suncor Energy Inc 9 3 3 1 0 0 4.2500 4.3750 Outperform
CNQ Canadian Natural Resources Ltd 13 3 1 0 0 0 4.7059 4.7222 Buy
ABX Barrick Gold Corp 7 1 7 0 0 0 4.0000 4.1333 Outperform
DVN Devon Energy Corp 5 0 3 0 0 0 4.2500 4.5000 Outperform
MAA Mid-America Apartment Communities Inc 3 0 1 0 0 0 4.5000 5.0000 Outperform
BIP Brookfield Infrastructure Partners LP 4 4 0 0 0 0 4.5000 5.0000 Outperform
BPY Brookfield Property Partners LP 4 2 0 0 0 0 4.6667 5.0000 Buy
WFT Weatherford International PLC 5 0 4 0 0 0 4.1111 4.3333 Outperform
RIG Transocean Ltd 1 0 4 1 2 0 2.6250 2.8750 Hold
HL Hecla Mining Co 1 0 2 0 0 0 3.6667 4.0000 Outperform
ENV Envestnet Inc 1 0 4 0 0 0 3.4000 3.5000 Hold
TAHO Tahoe Resources Inc 4 2 5 0 0 0 3.9091 4.4545 Outperform
NE Noble Corp PLC 2 0 4 0 3 0 2.7778 3.0000 Hold
BTE Baytex Energy Corp 2 0 9 0 1 0 3.1667 3.3333 Hold
PGH Pengrowth Energy Corp 0 1 5 0 4 0 2.3000 2.5000 Underperform
RFP Resolute Forest Products Inc 0 0 3 0 2 0 2.2000 3.0000 Underperform
BIOA BioAmber Inc 2 1 0 0 0 0 4.6667 5.0000 Buy
Toronto Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
TD The Toronto-Dominion Bank 3 1 6 0 0 0 3.7000 3.8182 Outperform
SU Suncor Energy Inc 9 3 3 1 0 0 4.2500 4.3750 Outperform
ABX Barrick Gold Corp 7 1 7 0 0 0 4.0000 4.1333 Outperform
HSE Husky Energy Inc 0 1 9 0 1 0 2.9091 3.0909 Hold
BIP.UN Brookfield Infrastructure Partners LP 4 4 0 0 0 0 4.5000 5.0000 Outperform
IFC Intact Financial Corp 4 2 4 0 0 0 4.0000 4.1000 Outperform
BPY.UN Brookfield Property Partners LP 4 2 0 0 0 0 4.6667 5.0000 Buy
VSN Veresen Inc 3 0 3 0 2 0 3.2500 3.5714 Hold
EDV Endeavour Mining Corp 4 3 0 0 0 0 4.5714 5.0000 Buy
THO Tahoe Resources Inc 4 2 5 0 0 0 3.9091 4.4545 Outperform
MEG MEG Energy Corp 0 2 6 0 1 0 3.0000 3.3333 Hold
ORL Orocobre Ltd 2 0 1 0 0 0 4.3333 5.0000 Outperform
BTE Baytex Energy Corp 2 0 9 0 1 0 3.1667 3.3333 Hold
PGF Pengrowth Energy Corp 0 1 5 0 4 0 2.3000 2.5000 Underperform
BNE Bonterra Energy Corp 5 3 5 0 0 0 4.0000 4.1538 Outperform
RFP Resolute Forest Products Inc 0 0 3 0 2 0 2.2000 3.0000 Underperform
ATH Athabasca Oil Corp 3 1 2 0 2 0 3.3750 3.5000 Hold
PRU Perseus Mining Ltd 2 1 1 0 0 0 4.2500 5.0000 Outperform
S Sherritt International Corp 0 2 2 0 1 0 3.0000 3.4000 Hold
PMTS CPI Card Group Inc 1 0 1 0 1 0 3.0000 5.0000 Hold
JAG Jaguar Mining Inc 1 1 0 0 0 0 4.5000 5.0000 Outperform
BIOA BioAmber Inc 2 1 0 0 0 0 4.6667 5.0000 Buy
WRG Western Energy Services Corp 2 3 2 0 0 0 4.0000 4.1429 Outperform
JOY Journey Energy Inc 1 1 2 0 0 0 3.7500 4.2500 Outperform
SBI Serabi Gold PLC 0 0 0 0 0 1 0.0000 5.0000 NoOpinion
TSX Venture Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
TNC TIO Networks Corp 0 0 1 0 4 0 1.4000 1.8000 Sell
MJN Cronos Group Inc 2 2 0 0 0 0 4.5000 4.6667 Outperform
BLN Blackline Safety Corp 1 1 0 0 0 0 4.5000 5.0000 Outperform
American Stock Exchange
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
IMO Imperial Oil Ltd 1 0 13 0 0 0 3.1429 3.2143 Hold
MAG MAG Silver Corp 6 3 0 0 0 0 4.6667 4.7000 Buy
NASDAQ
Symbol Name Buy Out Perform Hold Under Perform Sell No Opinion Mean Rating Prev Mean Rating Mean Label
CELG Celgene Corp 5 0 2 0 0 0 4.4286 4.5000 Outperform
VRTX Vertex Pharmaceuticals Inc 4 0 2 0 0 0 4.3333 4.4286 Outperform
BMRN Biomarin Pharmaceutical Inc 2 0 3 0 0 0 3.8000 4.0000 Outperform
SNH Senior Housing Properties Trust 1 0 2 0 0 0 3.6667 4.3333 Outperform
ENTG Entegris Inc 1 0 1 0 0 0 4.0000 5.0000 Outperform
ONCE Spark Therapeutics Inc 2 0 0 0 1 0 3.6667 4.0000 Outperform
WSBC Wesbanco Inc 0 0 2 0 0 0 3.0000 4.0000 Hold
PMTS CPI Card Group Inc 1 0 1 0 1 0 3.0000 5.0000 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.

TD:TSE The Toronto-Dominion Bank

http://www.td.com
The Toronto-Dominion Bank has 81233 employees and is headquartered in Canada.
The Toronto-Dominion Bank and its subsidiaries provide financial products and services. It offers asset management, insurance, wealth management, investment banking, wholesale banking, personal banking and commercial banking services and others.

BNS:NYS Bank of Nova Scotia

http://www.scotiabank.com
Bank of Nova Scotia has 88679 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.

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