Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective upped by National Bank Financial from C$72.00 to C$75.00 in a research note released on Wednesday.

BNS has been the subject of several other research reports. RBC Capital Markets lifted their price objective on shares of Bank of Nova Scotia from C$72.00 to C$77.00 and gave the stock an outperform rating in a research note on Wednesday, August 31st. Barclays PLC lifted their price objective on shares of Bank of Nova Scotia from C$66.00 to C$68.00 and gave the stock an equal weight rating in a research note on Tuesday. Desjardins lifted their price objective on shares of 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. Scotiabank lifted their price objective on shares of Bank of Nova Scotia from C$70.00 to C$76.00 and gave the stock an outperform rating in a research note on Wednesday, August 31st. Finally, Royal Bank Of Canada lifted their price objective on shares of Bank of Nova Scotia from C$72.00 to C$77.00 and gave the stock an outperform rating in a research note on Wednesday, August 31st. Four equities research analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. Bank of Nova Scotia presently has an average rating of Buy and an average target price of C$77.14.

Shares of Bank of Nova Scotia (TSE:BNS) opened at 74.14 on Wednesday. Bank of Nova Scotia has a 1-year low of $51.17 and a 1-year high of $74.46. The stock’s 50 day moving average is $71.45 and its 200 day moving average is $67.85. The company has a market capitalization of $89.32 billion and a PE ratio of 13.13.

TRADEMARK VIOLATION WARNING: This piece was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece on another domain, it was copied illegally and republished in violation of US & international copyright and trademark legislation. The legal version of this piece can be viewed at https://www.thecerbatgem.com/2016/12/01/bank-of-nova-scotia-bns-price-target-raised-to-c75-00-at-national-bank-financial.html.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 27th. Investors of record on Tuesday, January 3rd will be issued a dividend of $0.74 per share. 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 Bank of Nova Scotia stock in a transaction that occurred on Thursday, September 8th. The shares were sold at an average price of C$70.17, for a total transaction 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.