News articles about Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) have trended somewhat positive recently, Accern reports. The research firm identifies positive and negative media coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Bank of Nova Scotia earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave headlines about the bank an impact score of 45.4127891320147 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have impacted Accern Sentiment’s analysis:
- 4 Cornerstone Stocks for Your RRSP (fool.ca)
- Interest rate hike on the horizon (investmentexecutive.com)
- UPDATE 3-Royal Bank of Canada boss sees greater chance NAFTA may be scrapped (cnbc.com)
- Bank of Nova Scotia (BNS) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com)
Several equities analysts recently issued reports on the company. Zacks Investment Research cut Bank of Nova Scotia from a “buy” rating to a “sell” rating in a research report on Tuesday, October 31st. Macquarie assumed coverage on Bank of Nova Scotia in a research report on Tuesday, October 24th. They issued an “outperform” rating on the stock. Scotiabank reaffirmed a “buy” rating and issued a $95.00 price objective on shares of Bank of Nova Scotia in a research report on Wednesday, November 22nd. Canaccord Genuity reaffirmed a “buy” rating and issued a $93.00 price objective on shares of Bank of Nova Scotia in a research report on Tuesday, December 5th. Finally, Citigroup raised Bank of Nova Scotia from a “neutral” rating to a “buy” rating in a report on Wednesday, September 20th. One analyst has rated the stock with a sell rating, one has issued a hold rating and nine have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $85.80.
Bank of Nova Scotia (NYSE BNS) opened at $65.81 on Friday. Bank of Nova Scotia has a twelve month low of $53.86 and a twelve month high of $66.78. The company has a market capitalization of $78,921.46, a price-to-earnings ratio of 13.24, a P/E/G ratio of 1.56 and a beta of 1.26. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.10.
The business also recently announced a quarterly dividend, which will be paid on Monday, January 29th. Investors of record on Tuesday, January 2nd will be issued a $0.617 dividend. The ex-dividend date is Friday, December 29th. This represents a $2.47 dividend on an annualized basis and a yield of 3.75%. Bank of Nova Scotia’s dividend payout ratio is currently 49.70%.
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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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