Bank of Nova Scotia (BNS) Rating Reiterated by Canaccord Genuity
Bank of Nova Scotia (NYSE:BNS) (TSE:BNS)‘s stock had its “buy” rating reiterated by analysts at Canaccord Genuity in a research note issued to investors on Tuesday. They currently have a $93.00 target price on the bank’s stock. Canaccord Genuity’s price objective points to a potential upside of 45.31% from the stock’s previous close.
Other equities analysts have also issued research reports about the company. Zacks Investment Research lowered Bank of Nova Scotia from a “buy” rating to a “sell” rating in a research note on Tuesday, October 31st. Scotiabank reissued a “buy” rating and issued a $95.00 target price on shares of Bank of Nova Scotia in a research note on Wednesday, November 22nd. Citigroup raised Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 20th. BidaskClub lowered Bank of Nova Scotia from a “hold” rating to a “sell” rating in a research note on Wednesday, August 9th. Finally, Macquarie started coverage on Bank of Nova Scotia in a research note on Tuesday, October 24th. They issued an “outperform” rating on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company. Bank of Nova Scotia presently has a consensus rating of “Buy” and a consensus price target of $85.80.
Shares of Bank of Nova Scotia (BNS) traded up $0.10 on Tuesday, hitting $64.00. The stock had a trading volume of 456,265 shares, compared to its average volume of 695,039. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.10. Bank of Nova Scotia has a twelve month low of $53.86 and a twelve month high of $66.78. The firm has a market capitalization of $77,038.66, a price-to-earnings ratio of 12.82, a PEG ratio of 1.54 and a beta of 1.26.
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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.
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