Bank of Nova Scotia (TSE:BNS) Stock Price Passes Above 200-Day Moving Average – Time to Sell?

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$101.58 and traded as high as C$113.27. Bank of Nova Scotia shares last traded at C$113.11, with a volume of 2,281,115 shares traded.

Wall Street Analyst Weigh In

Several research firms have weighed in on BNS. UBS Group increased their price objective on Bank of Nova Scotia from C$118.00 to C$120.00 in a report on Wednesday, February 25th. National Bank Financial increased their target price on Bank of Nova Scotia from C$100.00 to C$106.00 and gave the stock a “sector perform” rating in a research report on Friday, May 15th. Jefferies Financial Group increased their target price on Bank of Nova Scotia from C$104.00 to C$105.00 in a research report on Wednesday, May 20th. Barclays raised their price objective on Bank of Nova Scotia from C$108.00 to C$110.00 and gave the company an “equal weight” rating in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada raised their price objective on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the company a “sector perform” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of C$110.77.

Bank of Nova Scotia Stock Down 0.7%

The company has a market cap of C$137.76 billion, a P/E ratio of 15.50, a price-to-earnings-growth ratio of 1.33 and a beta of 1.32. The company has a fifty day moving average of C$104.46 and a 200 day moving average of C$101.65.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its quarterly earnings data on Wednesday, May 27th. The bank reported C$2.02 EPS for the quarter. Bank of Nova Scotia had a return on equity of 11.06% and a net margin of 15.64%.The company had revenue of C$9.85 billion during the quarter. As a group, research analysts forecast that The Bank of Nova Scotia will post 7.1286267 EPS for the current year.

Bank of Nova Scotia Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 28th were issued a $1.10 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $4.40 annualized dividend and a dividend yield of 3.9%. Bank of Nova Scotia’s payout ratio is presently 60.69%.

Bank of Nova Scotia Company Profile

Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: ‘for every future,’ we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).