Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) insider Deborah Alexander sold 7,114 shares of the stock in a transaction on Tuesday, September 12th. The stock was sold at an average price of C$76.76, for a total transaction of C$546,070.64.

Shares of Bank of Nova Scotia (TSE:BNS) remained flat at $77.03 on Wednesday. 969,566 shares of the company’s stock traded hands. Bank of Nova Scotia has a 12 month low of $68.41 and a 12 month high of $82.30. The company has a 50-day moving average price of $77.38 and a 200-day moving average price of $77.54. The company has a market capitalization of $92.30 billion and a PE ratio of 12.01.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 27th. Investors of record on Tuesday, October 3rd will be given a dividend of $0.79 per share. This represents a $3.16 annualized dividend and a yield of 4.10%. This is a positive change from Bank of Nova Scotia’s previous quarterly dividend of $0.76.

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Several research firms have recently issued reports on BNS. Barclays PLC increased their price objective on shares of Bank of Nova Scotia from C$86.00 to C$88.00 in a research report on Friday, August 11th. CIBC increased their price objective on shares of Bank of Nova Scotia from C$85.00 to C$87.00 in a research report on Wednesday, August 30th. National Bank Financial increased their price objective on shares of Bank of Nova Scotia from C$85.00 to C$86.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 30th. Scotiabank dropped their price objective on shares of Bank of Nova Scotia from C$89.00 to C$88.00 and set an “outperform” rating for the company in a research report on Wednesday, August 30th. Finally, BMO Capital Markets increased their price objective on shares of Bank of Nova Scotia from C$83.00 to C$85.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 30th. One investment analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$85.08.

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.

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