The Bank of Nova Scotia (TSE:BNS) Receives C$128.86 Consensus Price Target from Analysts

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been given a consensus recommendation of “Moderate Buy” by the twelve analysts that are currently covering the company, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$129.50.

A number of equities analysts have recently weighed in on the company. Royal Bank Of Canada boosted their target price on Bank of Nova Scotia from C$117.00 to C$129.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 26th. TD raised Bank of Nova Scotia from a “hold” rating to a “buy” rating and increased their price target for the company from C$124.00 to C$141.00 in a research report on Wednesday, August 26th. Desjardins set a C$130.00 price target on Bank of Nova Scotia and gave the stock a “hold” rating in a report on Wednesday, September 2nd. Barclays boosted their price objective on Bank of Nova Scotia from C$110.00 to C$130.00 in a research report on Friday, August 21st. Finally, Canaccord Genuity Group upped their price objective on Bank of Nova Scotia from C$121.00 to C$127.00 and gave the company a “hold” rating in a research note on Wednesday, August 26th.

Bank of Nova Scotia Stock Performance

Bank of Nova Scotia stock opened at C$129.65 on Wednesday. Bank of Nova Scotia has a fifty-two week low of C$87.31 and a fifty-two week high of C$131.72. The stock has a market cap of C$158.02 billion, a PE ratio of 16.95, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27. The firm’s 50-day simple moving average is C$124.36 and its 200 day simple moving average is C$112.09.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its quarterly earnings data on Tuesday, August 25th. The bank reported C$2.28 EPS for the quarter. Bank of Nova Scotia had a net margin of 14.08% and a return on equity of 11.41%. The firm had revenue of C$10.54 billion during the quarter. As a group, analysts predict that Bank of Nova Scotia will post 7.1286267 EPS for the current fiscal year.

Bank of Nova Scotia Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 29th. Investors of record on Wednesday, July 29th were issued a $1.14 dividend. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.5%. Bank of Nova Scotia’s payout ratio is presently 58.04%.

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).