Bank of Nova Scotia (BNS) PT Raised to C$88.00 at Barclays PLC

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price target raised by Barclays PLC from C$86.00 to C$88.00 in a research report report published on Friday morning.

BNS has been the subject of a number of other reports. Scotiabank upped their price target on Bank of Nova Scotia from C$86.00 to C$89.00 and gave the company an outperform rating in a research note on Wednesday, May 31st. Royal Bank Of Canada reaffirmed an outperform rating and issued a C$86.00 price target on shares of Bank of Nova Scotia in a research note on Tuesday, April 18th. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Bank of Nova Scotia has a consensus rating of Buy and a consensus target price of C$84.17.

Bank of Nova Scotia (BNS) opened at 77.45 on Friday. The firm has a 50 day moving average of $78.15 and a 200 day moving average of $77.94. The firm has a market capitalization of $93.08 billion and a PE ratio of 12.32. Bank of Nova Scotia has a one year low of $65.97 and a one year high of $82.30.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its quarterly earnings results on Tuesday, May 30th. The bank reported $1.63 EPS for the quarter, beating analysts’ consensus estimates of $1.56 by $0.07. The company had revenue of $6.58 billion during the quarter, compared to analysts’ expectations of $6.61 billion. Bank of Nova Scotia had a return on equity of 14.58% and a net margin of 31.32%. Equities analysts forecast that Bank of Nova Scotia will post $6.47 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: “Bank of Nova Scotia (BNS) PT Raised to C$88.00 at Barclays PLC” was posted by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this piece of content on another site, it was stolen and republished in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://sportsperspectives.com/2017/08/15/bank-of-nova-scotia-bns-pt-raised-to-c88-00-at-barclays-plc.html.

The company also recently declared a quarterly dividend, which was paid on Thursday, July 27th. Shareholders of record on Tuesday, July 4th were given a dividend of $0.76 per share. This represents a $3.04 dividend on an annualized basis and a yield of 3.93%. The ex-dividend date of this dividend was Thursday, June 29th.

In other news, Director Brian J. Porter purchased 1,000 shares of Bank of Nova Scotia stock in a transaction on Thursday, June 8th. The stock was purchased at an average price of C$77.74 per share, with a total value of C$77,740.00.

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)

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.

Latest News

Leave a Reply