Bank of Nova Scotia (TSE:BNS) Given a C$82.00 Price Target at Accountability Research

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned a C$82.00 price objective by investment analysts at Accountability Research in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the bank’s stock. Accountability Research’s price target would suggest a potential upside of 10.16% from the company’s previous close.

Several other research analysts also recently weighed in on the company. Cibc World Mkts upgraded Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 20th. National Bankshares boosted their price target on Bank of Nova Scotia from C$66.00 to C$78.00 in a research note on Wednesday, November 20th. Canaccord Genuity Group raised shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating and increased their price objective for the company from C$71.00 to C$84.00 in a research report on Tuesday, November 19th. BMO Capital Markets boosted their target price on shares of Bank of Nova Scotia from C$72.00 to C$84.00 in a research report on Monday, November 18th. Finally, UBS Group raised shares of Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a report on Monday, November 18th. Seven analysts have rated the stock with a hold rating, five have assigned a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$77.92.

Bank of Nova Scotia Stock Up 0.1 %

TSE:BNS traded up C$0.11 during mid-day trading on Thursday, reaching C$74.44. The company’s stock had a trading volume of 4,632,853 shares, compared to its average volume of 8,245,815. The stock has a fifty day moving average of C$76.88 and a 200-day moving average of C$70.41. Bank of Nova Scotia has a 1 year low of C$60.68 and a 1 year high of C$80.14. The firm has a market capitalization of C$92.31 billion, a PE ratio of 13.04, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97.

Bank of Nova Scotia Company Profile

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.