BMO Capital Markets set a C$86.00 price objective on Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) in a research note published on Friday. The firm currently has an outperform rating on the bank’s stock.

A number of other research analysts have also weighed in on the stock. Citigroup lifted their price objective on shares of Bank of Nova Scotia from C$90.00 to C$93.00 in a research note on Friday, November 17th. CIBC lifted their price objective on shares of Bank of Nova Scotia from C$87.00 to C$93.00 in a research note on Monday, November 13th. Scotiabank reduced their price objective on shares of Bank of Nova Scotia from C$95.00 to C$94.00 and set an outperform rating for the company in a research note on Wednesday, November 29th. Canaccord Genuity lifted their price objective on shares of Bank of Nova Scotia from C$88.00 to C$92.00 in a research note on Wednesday, November 1st. Finally, Royal Bank of Canada raised their price target on shares of Bank of Nova Scotia from C$87.00 to C$91.00 and gave the company an outperform rating in a report on Wednesday, November 29th. Eight equities research analysts have rated the stock with a buy rating, The company currently has a consensus rating of Buy and a consensus price target of C$89.17.

Bank of Nova Scotia (TSE BNS) opened at C$80.01 on Friday. 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 $95,980.00, a P/E ratio of 12.33 and a beta of 0.86.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its quarterly earnings data 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 net margin of 30.39% and a return on equity of 14.64%. 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 prior year, the firm posted $1.58 earnings per share.

The company also recently declared a quarterly dividend, which was paid on Monday, January 29th. Shareholders of record on Tuesday, January 2nd were issued a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 3.95%. The ex-dividend date was Friday, December 29th. Bank of Nova Scotia’s payout ratio is 47.00%.

In other Bank of Nova Scotia news, insider Barbara Frances Mason sold 20,000 shares of the firm’s stock in a transaction on Thursday, December 7th. The shares were sold at an average price of C$82.60, for a total value of C$1,652,000.00.

TRADEMARK VIOLATION NOTICE: “Bank of Nova Scotia (BNS) Given a C$86.00 Price Target by BMO Capital Markets Analysts” was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this piece on another site, it was illegally stolen and reposted in violation of international copyright and trademark law. The legal version of this piece can be viewed at

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.

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's FREE daily email newsletter.