Bank of Nova Scotia (BNS) PT Raised to C$87.00
A number of other equities research analysts also recently weighed in on the company. Scotiabank lifted their target price on Bank of Nova Scotia from C$86.00 to C$89.00 and gave the stock an outperform rating in a report on Wednesday, May 31st. Barclays PLC lifted their target price on Bank of Nova Scotia from C$84.00 to C$86.00 and gave the stock an overweight rating in a report on Tuesday, May 30th. Royal Bank Of Canada lifted their target price on Bank of Nova Scotia from C$86.00 to C$87.00 and gave the stock an outperform rating in a report on Wednesday, May 31st. Finally, BMO Capital Markets lifted their target price on Bank of Nova Scotia from C$83.00 to C$85.00 and gave the stock an outperform rating in a report on Wednesday. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the company. Bank of Nova Scotia has an average rating of Buy and an average price target of C$85.08.
Bank of Nova Scotia (TSE BNS) opened at 77.69 on Wednesday. The firm has a market capitalization of $93.37 billion and a price-to-earnings ratio of 12.12. The company has a 50 day moving average price of $77.68 and a 200 day moving average price of $77.81. Bank of Nova Scotia has a 12 month low of $68.27 and a 12 month high of $82.30.
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The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Tuesday, October 3rd will be paid a $0.79 dividend. This represents a $3.16 dividend on an annualized basis and a yield of 4.07%. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $0.76.
In other news, Director Brian J. Porter acquired 1,000 shares of Bank of Nova Scotia stock in a transaction on Thursday, June 8th. The stock was purchased at an average price of C$77.74 per share, with a total value of C$77,740.00.
Bank of Nova Scotia Company Profile
The Bank of Nova Scotia is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and Asia-Pacific. The Bank offers a range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
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