Bank of Nova Scotia (BNS) PT Raised to C$93.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price lifted by equities researchers at CIBC from C$87.00 to C$93.00 in a research note issued on Monday. CIBC’s price target suggests a potential upside of 11.86% from the stock’s previous close.

BNS has been the topic of a number of other reports. BMO Capital Markets upped their price target on Bank of Nova Scotia from C$83.00 to C$85.00 and gave the company an “outperform” rating in a research report on Wednesday, August 30th. National Bank Financial upped their price target on Bank of Nova Scotia from C$85.00 to C$86.00 and gave the company an “outperform” rating in a research report on Wednesday, August 30th. Canaccord Genuity upped their price target on Bank of Nova Scotia from C$88.00 to C$92.00 in a research report on Wednesday, November 1st. Barclays PLC upped their price target on Bank of Nova Scotia from C$86.00 to C$88.00 in a research report on Friday, August 11th. Finally, Scotiabank lowered their price target on Bank of Nova Scotia from C$89.00 to C$88.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 30th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of C$87.00.

Shares of Bank of Nova Scotia (BNS) opened at C$83.14 on Monday. Bank of Nova Scotia has a 1 year low of C$69.20 and a 1 year high of C$83.95.

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In other Bank of Nova Scotia news, insider Kyle Mcnamara sold 3,036 shares of the business’s 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. Also, insider Deborah Alexander sold 7,114 shares of the business’s 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. In the last three months, insiders sold 10,364 shares of company stock worth $807,789.

About Bank of Nova Scotia

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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