The Bank of Nova Scotia (TSE:BNS) Given Average Rating of “Hold” by Analysts

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has earned a consensus recommendation of “Hold” from the ten research firms that are currently covering the stock, Marketbeat Ratings reports. Nine analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is C$110.77.

Several research firms have issued reports on BNS. National Bank Financial upped their price target on shares of 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. Royal Bank Of Canada upped their price target on shares of Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 28th. Jefferies Financial Group upped their price objective on shares of Bank of Nova Scotia from C$104.00 to C$105.00 in a research report on Wednesday, May 20th. Canaccord Genuity Group decreased their target price on shares of Bank of Nova Scotia from C$112.00 to C$111.00 and set a “hold” rating for the company in a research report on Friday, June 5th. Finally, Barclays increased their target price on shares of 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.

Bank of Nova Scotia Price Performance

TSE:BNS opened at C$122.57 on Friday. The stock has a market cap of C$150.28 billion, a P/E ratio of 16.91, a PEG ratio of 1.33 and a beta of 1.32. Bank of Nova Scotia has a one year low of C$74.10 and a one year high of C$124.79. The company has a fifty day moving average price of C$110.44 and a 200 day moving average price of C$103.97.

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

Bank of Nova Scotia Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 28th were given a $1.10 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $4.40 dividend on an annualized basis and a yield of 3.6%. 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).