Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) – Stock analysts at Desjardins raised their FY2017 earnings per share estimates for Bank of Nova Scotia in a report released on Monday. Desjardins analyst D. Young now forecasts that the bank will post earnings per share of $6.57 for the year, up from their previous forecast of $6.53. Desjardins also issued estimates for Bank of Nova Scotia’s Q4 2017 earnings at $1.68 EPS.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets boosted their price target on shares of Bank of Nova Scotia from C$83.00 to C$85.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 30th. Scotiabank dropped their price target on shares of Bank of Nova Scotia from C$89.00 to C$88.00 and set an “outperform” rating on the stock in a research note on Wednesday, August 30th. National Bank Financial boosted their price target on shares of Bank of Nova Scotia from C$85.00 to C$86.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 30th. Barclays PLC boosted their price target on shares of Bank of Nova Scotia from C$86.00 to C$88.00 in a research note on Friday, August 11th. Finally, Canaccord Genuity boosted their price target on shares of Bank of Nova Scotia from C$88.00 to C$92.00 in a research note on Wednesday, November 1st. One research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Bank of Nova Scotia currently has an average rating of “Buy” and a consensus target price of C$86.50.

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Shares of Bank of Nova Scotia (TSE BNS) opened at C$83.76 on Tuesday. Bank of Nova Scotia has a 1-year low of C$69.20 and a 1-year high of C$83.95.

In other news, insider Kyle Mcnamara sold 3,036 shares of the stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of C$80.53, for a total value of C$244,489.08. Also, insider Deborah Alexander sold 7,114 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of C$76.76, for a total transaction of C$546,070.64. In the last ninety days, insiders have sold 10,364 shares of company stock worth $807,789.

The business also recently declared a quarterly dividend, which was paid on Friday, October 27th. Shareholders of record on Tuesday, October 3rd were paid a dividend of $0.79 per share. The ex-dividend date was Monday, October 2nd. This represents a $3.16 dividend on an annualized basis and a yield of 3.77%. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $0.76.

About Bank of Nova Scotia

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.

Earnings History and Estimates for Bank of Nova Scotia (TSE:BNS)

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