Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price target lifted by equities researchers at Barclays from C$87.00 to C$89.00 in a report issued on Wednesday. Barclays’ price target suggests a potential upside of 11.25% from the company’s current price.
BNS has been the subject of a number of other research reports. Citigroup boosted their price target on Bank of Nova Scotia from C$90.00 to C$93.00 in a research report on Friday, November 17th. CSFB boosted their price target on Bank of Nova Scotia from C$84.00 to C$86.00 in a research report on Friday, January 19th. BMO Capital Markets set a C$86.00 price target on Bank of Nova Scotia and gave the stock an “outperform” rating in a research report on Friday, February 2nd. Royal Bank of Canada boosted their price target on Bank of Nova Scotia from C$87.00 to C$91.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 29th. Finally, Scotiabank reduced their price target on Bank of Nova Scotia from C$95.00 to C$94.00 and set an “outperform” rating for the company in a research report on Wednesday, November 29th. Eight research analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average target price of C$90.91.
Shares of Bank of Nova Scotia (TSE:BNS) traded up C$0.12 during mid-day trading on Wednesday, reaching C$80.00. The company’s stock had a trading volume of 1,279,919 shares, compared to its average volume of 2,150,518. Bank of Nova Scotia has a one year low of C$73.31 and a one year high of C$85.50. The firm has a market cap of $95,960.00, a price-to-earnings ratio of 11.80 and a beta of 0.86.
In other news, insider Barbara Frances Mason sold 20,000 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of C$82.60, for a total transaction of C$1,652,000.00.
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.
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