Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) insider Deborah Alexander sold 7,114 shares of the business’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of C$76.76, for a total value of C$546,070.64.
Bank of Nova Scotia (TSE:BNS) traded up 0.81% during trading on Wednesday, hitting $77.95. 1,043,313 shares of the stock were exchanged. The stock has a 50 day moving average of $77.30 and a 200-day moving average of $77.48. The stock has a market cap of $93.40 billion and a P/E ratio of 12.15. Bank of Nova Scotia has a 52 week low of $69.05 and a 52 week high of $82.30.
The firm also recently announced a quarterly dividend, which will be paid on Friday, October 27th. Shareholders of record on Tuesday, October 3rd will be given a dividend of $0.79 per share. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $0.76. This represents a $3.16 dividend on an annualized basis and a yield of 4.09%.
Several equities research analysts have weighed in on BNS shares. Barclays PLC upped their price target on shares of Bank of Nova Scotia from C$86.00 to C$88.00 in a report on Friday, August 11th. CIBC increased their price objective on Bank of Nova Scotia from C$85.00 to C$87.00 in a report on Wednesday, August 30th. Scotiabank decreased their price objective on Bank of Nova Scotia from C$89.00 to C$88.00 and set an “outperform” rating for the company in a report on Wednesday, August 30th. National Bank Financial increased their price objective on Bank of Nova Scotia from C$85.00 to C$86.00 and gave the company an “outperform” rating in a report on Wednesday, August 30th. Finally, BMO Capital Markets increased their price objective on Bank of Nova Scotia from C$83.00 to C$85.00 and gave the company an “outperform” rating in a report on Wednesday, August 30th. One analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average price target of C$85.83.
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.
Receive News & Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related companies with MarketBeat.com's FREE daily email newsletter.