Bank of Nova Scotia Reaches Analyst Target Price
December 04, 2020 at 07:51 AM EST
In recent trading, shares of Bank of Nova Scotia Halifax (BNS) have crossed above the average analyst 12-month target price of $51.66, changing hands for $51.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..