Several brokerages have updated their recommendations and price targets on shares of Bank of Nova Scotia (TSE: BNS) in the last few weeks:

  • 12/11/2018 – Bank of Nova Scotia had its price target lowered by analysts at Desjardins from C$85.00 to C$83.00.
  • 11/29/2018 – Bank of Nova Scotia had its price target raised by analysts at Royal Bank of Canada from C$86.00 to C$88.00. They now have a “sector perform” rating on the stock.
  • 11/28/2018 – Bank of Nova Scotia had its price target lowered by analysts at National Bank Financial from C$81.00 to C$80.00. They now have a “sector perform” rating on the stock.
  • 11/28/2018 – Bank of Nova Scotia had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a C$85.00 price target on the stock.
  • 11/28/2018 – Bank of Nova Scotia had its price target lowered by analysts at TD Securities from C$88.00 to C$87.00. They now have a “buy” rating on the stock.
  • 11/28/2018 – Bank of Nova Scotia had its price target lowered by analysts at Barclays PLC from C$85.00 to C$83.00.
  • 11/28/2018 – Bank of Nova Scotia had its price target lowered by analysts at CIBC from C$88.00 to C$86.00.
  • 11/22/2018 – Bank of Nova Scotia had its price target lowered by analysts at Canaccord Genuity from C$82.50 to C$77.00.
  • 11/16/2018 – Bank of Nova Scotia had its price target lowered by analysts at Barclays PLC from C$90.00 to C$85.00.

Shares of BNS stock opened at C$71.64 on Tuesday. Bank of Nova Scotia has a 1-year low of C$69.01 and a 1-year high of C$83.22.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its quarterly earnings data on Tuesday, November 27th. The bank reported C$1.77 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$1.78 by C($0.01). The business had revenue of C$7.45 billion for the quarter, compared to the consensus estimate of C$7.65 billion. Sell-side analysts forecast that Bank of Nova Scotia will post 8 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 29th. Stockholders of record on Wednesday, January 2nd will be issued a $0.85 dividend. This represents a $3.40 annualized dividend and a dividend yield of 4.75%. The ex-dividend date of this dividend is Monday, December 31st. Bank of Nova Scotia’s dividend payout ratio (DPR) is presently 48.12%.

In other Bank of Nova Scotia news, Director Nora Anne Aufreiter purchased 1,500 shares of the firm’s stock in a transaction dated Wednesday, September 26th. The stock was acquired at an average cost of C$77.58 per share, with a total value of C$116,370.00. Also, Director Benita Marie Warmbold purchased 1,000 shares of the firm’s stock in a transaction dated Monday, December 10th. The stock was acquired at an average cost of C$71.57 per share, with a total value of C$71,570.00. Insiders bought a total of 5,822 shares of company stock valued at $440,369 over the last ninety days.

The Bank of Nova Scotia provides various financial services in North America, Latin America, the Caribbean and Central America, and the Asia-Pacific. It offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and related creditor insurance to individuals and small businesses; and commercial banking solutions comprising lending, deposit, cash management, and trade finance solutions to medium and large businesses, including automotive dealers and their customers.

Recommended Story: How to Use a Moving Average for TradingĀ 

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.