Citigroup Inc. Increases Bank of Nova Scotia (BNS) Price Target to C$93.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price upped by Citigroup Inc. from C$90.00 to C$93.00 in a report issued on Friday. Citigroup Inc.’s target price would indicate a potential upside of 9.94% from the company’s previous close.

BNS has been the subject of a number of other reports. Canaccord Genuity upped their price objective on shares of Bank of Nova Scotia from C$88.00 to C$92.00 in a research report on Wednesday, November 1st. CIBC upped their price objective on shares of Bank of Nova Scotia from C$85.00 to C$87.00 in a research report on Wednesday, August 30th. Barclays PLC upped their price objective on shares of Bank of Nova Scotia from C$86.00 to C$88.00 in a research report on Friday, August 11th. National Bank Financial upped their price objective 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 report on Wednesday, August 30th. Finally, Scotiabank lowered their price objective on shares of Bank of Nova Scotia from C$89.00 to C$88.00 and set an “outperform” rating for the company in a research report on Wednesday, August 30th. Eight equities research analysts have rated the stock with a buy rating, The stock has an average rating of “Buy” and a consensus price target of C$87.46.

Bank of Nova Scotia (BNS) opened at C$84.59 on Friday. Bank of Nova Scotia has a 12-month low of C$71.46 and a 12-month high of C$84.70.

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In other news, insider Kyle Mcnamara sold 3,036 shares of the company’s 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 company’s stock in a transaction on Tuesday, September 12th. The shares were sold at an average price of C$76.76, for a total transaction of C$546,070.64. Over the last 90 days, insiders sold 10,364 shares of company stock valued at $807,789.

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.

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

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