Bank of Nova Scotia (TSE:BNS) PT Set at C$82.00 by Accountability Research

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned a C$82.00 target price by equities research analysts at Accountability Research in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the bank’s stock. Accountability Research’s price target suggests a potential upside of 10.66% from the company’s current price.

BNS has been the topic of several other reports. National Bankshares lifted their price target on shares of Bank of Nova Scotia from C$66.00 to C$78.00 in a report on Wednesday, November 20th. CIBC boosted their target price on shares of Bank of Nova Scotia from C$82.00 to C$84.00 in a research note on Tuesday, November 26th. Bank of America upgraded Bank of Nova Scotia from a “neutral” rating to a “buy” rating and increased their price target for the company from C$73.00 to C$90.00 in a research note on Tuesday, November 19th. 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 raised Bank of Nova Scotia from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 21st. Seven analysts have rated the stock with a hold rating, five have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat.com, Bank of Nova Scotia presently has an average rating of “Moderate Buy” and a consensus price target of C$77.92.

Bank of Nova Scotia Stock Down 0.7 %

TSE:BNS opened at C$74.10 on Thursday. Bank of Nova Scotia has a twelve month low of C$60.68 and a twelve month high of C$80.14. The stock’s 50-day simple moving average is C$76.94 and its 200 day simple moving average is C$70.56. The firm has a market capitalization of C$91.88 billion, a PE ratio of 12.98, a price-to-earnings-growth ratio of 1.33 and a beta of 0.97.

About Bank of Nova Scotia

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.