Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS had its price objective upped by Jefferies Financial Group from C$70.00 to C$75.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has a "hold" rating on the bank's stock. Jefferies Financial Group's price objective suggests a potential upside of 4.05% from the company's current price.
BNS has been the topic of several other research reports. Bank of America downgraded shares of Bank of Nova Scotia from a "buy" rating to a "neutral" rating and cut their price target for the stock from C$82.00 to C$70.00 in a report on Monday, March 31st. CIBC lifted their target price on Bank of Nova Scotia from C$75.00 to C$77.00 in a report on Thursday, May 22nd. TD Securities set a C$81.00 target price on Bank of Nova Scotia and gave the stock a "buy" rating in a research report on Tuesday, March 4th. UBS Group dropped their target price on Bank of Nova Scotia from C$85.00 to C$78.00 in a research report on Thursday, May 22nd. Finally, Royal Bank of Canada reduced their target price on Bank of Nova Scotia from C$83.00 to C$81.00 and set a "sector perform" rating on the stock in a research note on Wednesday, February 26th. Nine equities research analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of C$77.00.
Get Our Latest Analysis on Bank of Nova Scotia
Bank of Nova Scotia Stock Performance
TSE:BNS traded down C$0.83 during mid-day trading on Wednesday, reaching C$72.08. The stock had a trading volume of 2,337,753 shares, compared to its average volume of 4,823,867. Bank of Nova Scotia has a one year low of C$60.68 and a one year high of C$80.14. The stock has a market capitalization of C$88.33 billion, a P/E ratio of 11.39, a P/E/G ratio of 1.33 and a beta of 0.97. The firm has a 50 day moving average price of C$68.31 and a two-hundred day moving average price of C$72.40.
About Bank of Nova Scotia
(
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The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.
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