BNS has been the topic of a number of other research reports. BMO Capital Markets reiterated an outperform rating and issued a C$86.00 target price on shares of Bank of Nova Scotia in a research note on Wednesday, December 6th. CSFB raised their price target on Bank of Nova Scotia from C$84.00 to C$86.00 in a research note on Friday, January 19th. Citigroup raised their price target on Bank of Nova Scotia from C$90.00 to C$93.00 in a research note on Friday, November 17th. Canaccord Genuity raised their price target on Bank of Nova Scotia from C$88.00 to C$92.00 in a research note on Wednesday, November 1st. Finally, National Bank Financial raised their price target on Bank of Nova Scotia from C$86.00 to C$88.00 and gave the company an outperform rating in a research note on Wednesday, November 29th. Eight investment analysts have rated the stock with a buy rating, The company has an average rating of Buy and an average target price of C$89.25.
Shares of Bank of Nova Scotia (BNS) opened at C$77.21 on Wednesday. Bank of Nova Scotia has a 52 week low of C$73.31 and a 52 week high of C$85.50. The firm has a market capitalization of $92,630.00, a price-to-earnings ratio of 11.90 and a beta of 0.86.
Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its earnings results on Tuesday, November 28th. The bank reported C$1.65 earnings per share for the quarter, missing analysts’ consensus estimates of C$1.68 by C($0.03). Bank of Nova Scotia had a return on equity of 14.64% and a net margin of 30.39%. The business had revenue of C$6.81 billion during the quarter, compared to analysts’ expectations of C$7.05 billion. During the same quarter in the previous year, the business earned $1.58 EPS.
The company also recently declared a quarterly dividend, which was paid on Monday, January 29th. Stockholders of record on Tuesday, January 2nd were paid a dividend of $0.79 per share. The ex-dividend date was Friday, December 29th. This represents a $3.16 annualized dividend and a dividend yield of 4.09%. Bank of Nova Scotia’s dividend payout ratio is currently 47.00%.
In other news, insider Barbara Frances Mason sold 20,000 shares of the firm’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.
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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.
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