Bank of Nova Scotia (TSE:BNS) (NYSE:BNS)‘s stock had its “outperform” rating reissued by equities researchers at BMO Capital Markets in a note issued to investors on Wednesday. They currently have a C$86.00 price target on the bank’s stock. BMO Capital Markets’ target price points to a potential upside of 5.99% from the company’s previous close.

BNS has been the topic of several other reports. Citigroup boosted their price target on Bank of Nova Scotia from C$90.00 to C$93.00 in a research report on Friday, November 17th. Royal Bank Of Canada upped their target price on Bank of Nova Scotia from C$87.00 to C$91.00 and gave the company an “outperform” rating in a research report on Wednesday, November 29th. Canaccord Genuity upped their target price on Bank of Nova Scotia from C$88.00 to C$92.00 in a research report on Wednesday, November 1st. Scotiabank cut their target price on Bank of Nova Scotia from C$95.00 to C$94.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 29th. Finally, CIBC upped their price target on Bank of Nova Scotia from C$85.00 to C$87.00 in a research report on Wednesday, August 30th. Eight research analysts have rated the stock with a buy rating, Bank of Nova Scotia presently has an average rating of “Buy” and a consensus target price of C$88.46.

Shares of Bank of Nova Scotia (TSE BNS) traded down C$0.48 during trading hours on Wednesday, hitting C$81.14. The stock had a trading volume of 1,713,916 shares, compared to its average volume of 2,140,129. Bank of Nova Scotia has a 1-year low of C$73.31 and a 1-year high of C$85.50.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its quarterly earnings results on Tuesday, November 28th. The bank reported C$1.65 EPS for the quarter, missing the consensus estimate of C$1.68 by C($0.03). The company had revenue of C$6.81 billion for the quarter, compared to analyst estimates of C$7.05 billion. Bank of Nova Scotia had a return on equity of 14.91% and a net margin of 30.50%. During the same period last year, the firm posted $1.58 earnings per share.

In other news, 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 value of C$546,070.64. Also, insider Kyle Mcnamara sold 3,036 shares of the stock in a transaction on Wednesday, October 4th. The stock was sold at an average price of C$80.53, for a total value of C$244,489.08. Over the last 90 days, insiders have sold 10,364 shares of company stock valued at $807,789.

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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.

Analyst Recommendations for Bank of Nova Scotia (TSE:BNS)

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