A statement released earlier today by Dundee Securities about Bank of Nova Scotia (TSE:BNS) bumps the target price to $78.00
- Updated: September 21, 2016
Dundee Securities raised the price target of Bank of Nova Scotia (TSE:BNS) to $78.00 reporting a possible upside of 0.10%.
On Wednesday September 14, 2016, Citigroup released a statement on Bank of Nova Scotia (TSE:BNS) upped the target price from $70.00 to $76.00 that suggested an upside of 0.10%.
Having a price of $70.59, Bank of Nova Scotia (TSE:BNS) traded 0.17% higher on the day. With the last close up 8.45% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Bank of Nova Scotia has recorded a 50-day average of $68.25 and a two hundred day average of $65.06. Volume of trade was down over the average, with 642,265 shares of BNS changing hands under the typical 1,677,540
With a total market value of $0, Bank of Nova Scotia has price-earnings ratio of 12.49 with a one year low of $51.17 and a one year high of $70.90 .
A total of 14 analysts have released a research note on Bank of Nova Scotia. Two analysts rating the company a strong buy, five analysts rating the company a buy, seven analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $56.06.
More About Bank of Nova Scotia (TSE:BNS)
The Bank of Nova Scotia (Scotiabank or the Bank) is an international bank and a financial services provider in North America, Latin America, the Caribbean and Central America, and parts of Asia. The Company's segments include Canadian Banking, International Banking, Global Banking and Markets (GBM), and Other. The Bank offers range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The Bank's Canadian Banking segment provides a suite of financial advice and banking solutions to retail, small business, commercial and wealth management customers in Canada. The Bank's International Banking segment provides a range of financial products, solutions and advice to retail and commercial customers in select regions outside of Canada. The Bank's Global Banking and Markets segment provides clients with corporate banking, investment banking and capital markets solutions.
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