Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective upped by CSFB from C$84.00 to C$86.00 in a research report sent to investors on Friday morning.

A number of other brokerages have also weighed in on BNS. Scotiabank decreased their price target on shares of Bank of Nova Scotia from C$95.00 to C$94.00 and set an outperform rating on the stock in a research note on Wednesday, November 29th. CIBC raised their price target on shares of Bank of Nova Scotia from C$87.00 to C$93.00 in a research note on Monday, November 13th. 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 research note on Wednesday, November 29th. National Bank Financial raised their price target on shares of 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. Finally, Canaccord Genuity raised their price target on shares of Bank of Nova Scotia from C$88.00 to C$92.00 in a research note on Wednesday, November 1st. Eight equities research analysts have rated the stock with a buy rating, Bank of Nova Scotia presently has an average rating of Buy and an average target price of C$89.17.

Bank of Nova Scotia (TSE:BNS) traded up C$0.34 during mid-day trading on Friday, hitting C$81.99. 2,837,500 shares of the stock traded hands, compared to its average volume of 1,740,000. Bank of Nova Scotia has a twelve month low of C$73.31 and a twelve month high of C$85.50. The stock has a market cap of $98,360.00, a price-to-earnings ratio of 12.63 and a beta of 0.88.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its earnings results on Tuesday, November 28th. The bank reported C$1.65 earnings per share (EPS) for the quarter, missing the consensus estimate 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 firm had revenue of C$6.81 billion for the quarter, compared to analysts’ expectations of C$7.05 billion. During the same period in the previous year, the company earned $1.58 earnings per share.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 29th. Shareholders of record on Tuesday, January 2nd will be issued a $0.79 dividend. The ex-dividend date of this dividend is Friday, December 29th. This represents a $3.16 dividend on an annualized basis and a yield of 3.85%. 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 stock in a transaction dated 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.

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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.

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

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