The Banner is a good scope, but due to the larger ocular bell and power ring, it will require high or extra high rings or extensive hammer modification. The Nikon Prostaff 2-7x32 shotgun scope isn't a bad choice, neither is the Redfield Revolution 2-7x32, both have ~4" of eye relief and can be mounted in medium rings, maybe low after removing the tip of the hammer spur above the extension, about $100-$130.
You can also add a Limbsaver prefit pad, the #10011 for the Tikka T3 will fit pretty good with one new mounting hole in the pad, the prefit for the syn Handi(old style)doesn't fit well.
Tim