Desjardins Reiterates “C$130.00” Price Target for Bank of Nova Scotia (TSE:BNS)

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) received a C$130.00 price objective from equities research analysts at Desjardins in a report released on Wednesday, BayStreet reports. The firm currently has a “hold” rating on the bank’s stock. Desjardins’ price target points to a potential upside of 1.18% from the stock’s current price.

A number of other equities research analysts also recently issued reports on the stock. TD Securities raised shares of Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. Royal Bank Of Canada boosted their target price on shares of Bank of Nova Scotia from C$117.00 to C$129.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 26th. Jefferies Financial Group upped their target price on shares of 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, August 13th. Barclays increased their price target on shares of Bank of Nova Scotia from C$110.00 to C$130.00 in a report on Friday, August 21st. Finally, Bank of America boosted their price objective on Bank of Nova Scotia from C$131.00 to C$134.00 in a research note on Wednesday, August 26th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of C$129.21.

Bank of Nova Scotia Stock Performance

TSE:BNS traded up C$1.73 during trading hours on Wednesday, reaching C$128.49. The stock had a trading volume of 743,532 shares, compared to its average volume of 4,157,199. Bank of Nova Scotia has a 52 week low of C$85.50 and a 52 week high of C$131.72. The company has a 50 day moving average price of C$123.89 and a two-hundred day moving average price of C$111.53. The stock has a market capitalization of C$156.61 billion, a PE ratio of 16.80, a PEG ratio of 1.33 and a beta of 1.30.

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