Shares of The Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS reached a new 52-week low on Monday . The company traded as low as C$0.01 and last traded at C$72.35, with a volume of 1103993 shares trading hands. The stock had previously closed at C$71.82.
Wall Street Analysts Forecast Growth
BNS has been the subject of a number of research analyst reports. CIBC decreased their price target on Bank of Nova Scotia from C$81.00 to C$75.00 in a research note on Wednesday. BMO Capital Markets lifted their price objective on Bank of Nova Scotia from C$72.00 to C$84.00 in a report on Monday, November 18th. Royal Bank of Canada dropped 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 report on Wednesday, February 26th. Bank of America raised shares of Bank of Nova Scotia from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from C$73.00 to C$90.00 in a research report on Tuesday, November 19th. Finally, UBS Group raised Bank of Nova Scotia from a "hold" rating to a "strong-buy" rating in a report on Monday, November 18th. Eight analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of C$78.55.
Check Out Our Latest Research Report on Bank of Nova Scotia
Bank of Nova Scotia Price Performance
The company has a market cap of C$84.76 billion, a price-to-earnings ratio of 10.93, a PEG ratio of 1.33 and a beta of 0.97. The business's 50-day simple moving average is C$73.59 and its 200-day simple moving average is C$73.20.
Bank of Nova Scotia Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Tuesday, January 7th were paid a dividend of $1.06 per share. The ex-dividend date of this dividend was Tuesday, January 7th. This represents a $4.24 annualized dividend and a yield of 6.13%. Bank of Nova Scotia's dividend payout ratio is currently 67.00%.
Bank of Nova Scotia Company Profile
(
Get Free Report)
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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