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Zacks Investment Research upgraded Bank of Nova Scotia (NYSE:BNS) to Hold in a report released today.

Zacks Investment Research has upgraded Bank of Nova Scotia (NYSE:BNS) to Hold in a report released on 6/20/2017.

Yesterday Bank of Nova Scotia (NYSE:BNS) traded -0.44% lower at $59.41. The company’s 50-day moving average is $61.96 and its 200-day moving average is $59.26. The last closing price is up 6.60% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 753,399 shares of the stock were exchanged, up from an average trading volume of 561,091

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Bank of Nova Scotia (NYSE:BNS)

Bank of Nova Scotia has a 52 week low of $51.21 and a 52 week high of $63.60 with a P/E ratio of 12.32 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 3 brokers have issued a report on the stock. The consensus target price is $51.81 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Bank of Nova Scotia (NYSE:BNS)

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. Its segments include Canadian Banking, which provides a suite of financial advice and banking solutions to retail, small business, commercial and wealth management customers in Canada; International Banking, which provides a range of financial products, solutions and advice to retail and commercial customers in select regions outside of Canada; Global Banking and Markets, which provides corporate banking, investment banking, capital markets and transaction banking solutions, and Other, which represents smaller operating segments, including Group Treasury.

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