The Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$70.88 and traded as high as C$74.75. Bank of Nova Scotia shares last traded at C$73.57, with a volume of 4,470,534 shares traded.
Analyst Ratings Changes
Several equities research analysts have commented on the stock. Accountability Research set a C$82.00 price target on shares of Bank of Nova Scotia and gave the stock a "buy" rating in a research report on Thursday, January 9th. National Bankshares raised their target price on shares of Bank of Nova Scotia from C$66.00 to C$78.00 in a report on Wednesday, November 20th. CIBC lifted their price target on shares of Bank of Nova Scotia from C$82.00 to C$84.00 in a research report on Tuesday, November 26th. UBS Group upgraded Bank of Nova Scotia from a "hold" rating to a "strong-buy" rating in a research report on Monday, November 18th. Finally, Barclays upgraded Bank of Nova Scotia from a "strong sell" rating to a "hold" rating in a report on Thursday, November 21st. Seven research analysts have rated the stock with a hold rating, five have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of C$77.92.
Read Our Latest Stock Analysis on BNS
Bank of Nova Scotia Stock Down 1.2 %
The firm has a market capitalization of C$91.23 billion, a PE ratio of 12.88, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97. The business's 50-day moving average price is C$77.00 and its 200-day moving average price is C$70.95.
Bank of Nova Scotia Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 29th. Shareholders of record on Tuesday, January 7th will be paid a dividend of $1.06 per share. This represents a $4.24 dividend on an annualized basis and a dividend yield of 5.76%. The ex-dividend date is Tuesday, January 7th. Bank of Nova Scotia's dividend payout ratio (DPR) is currently 74.26%.
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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