Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective boosted by Keefe, Bruyette & Woods from C$69.00 to C$77.00 in a research note released on Wednesday morning.

A number of other equities analysts have also weighed in on BNS. Citigroup Inc. boosted their price objective on Bank of Nova Scotia from C$70.00 to C$76.00 in a research note on Wednesday, September 14th. Desjardins boosted their price objective on Bank of Nova Scotia from C$71.00 to C$73.00 and gave the stock a buy rating in a research note on Wednesday, August 31st. CIBC boosted their price objective on Bank of Nova Scotia from C$67.00 to C$72.00 in a research note on Wednesday, August 31st. National Bank Financial boosted their price objective on Bank of Nova Scotia from C$66.00 to C$70.00 and gave the stock a sector perform rating in a research note on Wednesday, August 31st. Finally, Barclays PLC boosted their price objective on Bank of Nova Scotia from C$60.00 to C$63.00 and gave the stock an equal weight rating in a research note on Wednesday, August 31st. Four research analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of Buy and an average price target of C$77.14.

Analyst Recommendations for Bank of Nova Scotia (TSE:BNS)

Bank of Nova Scotia (TSE:BNS) opened at 74.14 on Wednesday. The company has a market cap of $89.32 billion and a P/E ratio of 13.13. Bank of Nova Scotia has a 52-week low of $51.17 and a 52-week high of $74.46. The stock’s 50 day moving average price is $71.45 and its 200-day moving average price is $67.85.

COPYRIGHT VIOLATION WARNING: “Bank of Nova Scotia (BNS) Given New C$77.00 Price Target at Keefe, Bruyette & Woods” was published by The Cerbat Gem and is the propert of of The Cerbat Gem. If you are viewing this report on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The original version of this report can be viewed at https://www.thecerbatgem.com/2016/12/01/bank-of-nova-scotia-bns-given-new-c77-00-price-target-at-keefe-bruyette-woods.html.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 27th. Investors of record on Tuesday, January 3rd will be issued a $0.74 dividend. This represents a $2.96 annualized dividend and a dividend yield of 3.99%.

In related news, Director Brian J. Porter sold 25,176 shares of the business’s stock in a transaction on Thursday, September 8th. The stock was sold at an average price of C$70.17, for a total value of C$1,766,599.92.

About Bank of Nova Scotia

The Bank of Nova Scotia (Scotiabank or the Bank) is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. The Company’s segments include Canadian Banking, International Banking, Global Banking and Markets (GBM), and Other.

Receive News & Stock Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related stocks with our FREE daily email newsletter.