Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective boosted by Barclays PLC from C$66.00 to C$68.00 in a research note issued to investors on Tuesday. They currently have an equal weight rating on the stock.

A number of other brokerages have also recently commented on BNS. Desjardins upped their price target on shares of Bank of Nova Scotia from C$70.00 to C$71.00 and gave the company a buy rating in a research report on Wednesday, August 3rd. Keefe, Bruyette & Woods upped their price target on shares of Bank of Nova Scotia from C$60.00 to C$64.00 in a research report on Thursday, August 18th. TD Securities upped their price target on shares of Bank of Nova Scotia from C$70.00 to C$74.00 and gave the company a buy rating in a research report on Tuesday, August 30th. Royal Bank Of Canada upped their price target on shares of Bank of Nova Scotia from C$72.00 to C$77.00 and gave the company an outperform rating in a research report on Wednesday, August 31st. Finally, Canaccord Genuity upped their price target on shares of Bank of Nova Scotia from C$73.00 to C$75.00 and gave the company a buy rating in a research report on Wednesday, August 31st. Three investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The company currently has a consensus rating of Buy and a consensus price target of C$74.43.

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

Shares of Bank of Nova Scotia (TSE:BNS) opened at 73.70 on Tuesday. Bank of Nova Scotia has a 52-week low of $51.17 and a 52-week high of $74.31. The company has a 50 day moving average price of $71.45 and a 200-day moving average price of $67.85. The firm has a market cap of $88.79 billion and a P/E ratio of 13.05.

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The firm also recently declared a quarterly dividend, which will be paid on Friday, January 27th. Investors of record on Tuesday, January 3rd will be given a $0.74 dividend. This represents a $2.96 annualized dividend and a yield of 4.02%.

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

Bank of Nova Scotia Company Profile

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.

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