Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$128.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price target upped by investment analysts at National Bank Financial from C$106.00 to C$128.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the bank’s stock. National Bank Financial’s target price indicates a potential upside of 1.11% from the company’s previous close.

Several other equities research analysts have also recently weighed in on BNS. Desjardins increased their price objective on shares of Bank of Nova Scotia from C$115.00 to C$125.00 and gave the stock a “hold” rating in a research report on Wednesday, August 5th. Raymond James Financial upped their price target on shares of Bank of Nova Scotia from C$121.00 to C$137.00 and gave the company an “outperform” rating in a research report on Wednesday. TD increased their price target on Bank of Nova Scotia from C$113.00 to C$124.00 and gave the stock a “hold” rating in a report on Wednesday. Jefferies Financial Group upped their target price on Bank of Nova Scotia from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Thursday. Finally, Royal Bank Of Canada raised their target price on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of C$117.00.

Bank of Nova Scotia Trading Up 0.5%

TSE:BNS traded up C$0.65 on Thursday, reaching C$126.60. 680,920 shares of the stock traded hands, compared to its average volume of 4,234,299. The firm has a market capitalization of C$154.34 billion, a price-to-earnings ratio of 17.46, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. The company’s 50 day moving average is C$121.79 and its 200-day moving average is C$109.35. Bank of Nova Scotia has a 1-year low of C$77.77 and a 1-year high of C$126.87.

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

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).