Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$101.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective boosted by BMO Capital Markets from C$98.00 to C$101.00 in a report issued on Wednesday morning,BayStreet.CA reports. BMO Capital Markets currently has a market perform rating on the bank’s stock.

BNS has been the topic of several other research reports. Desjardins upped their price objective on Bank of Nova Scotia from C$104.00 to C$106.00 and gave the company a “hold” rating in a research note on Monday, February 9th. Canaccord Genuity Group boosted their price target on Bank of Nova Scotia from C$106.00 to C$112.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Raymond James Financial upped their price target on Bank of Nova Scotia from C$109.00 to C$114.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. TD Securities raised their price objective on Bank of Nova Scotia from C$104.00 to C$112.00 in a research note on Monday, February 9th. Finally, Canadian Imperial Bank of Commerce boosted their target price on shares of Bank of Nova Scotia from C$103.00 to C$108.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Three analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Bank of Nova Scotia presently has an average rating of “Hold” and a consensus price target of C$107.42.

Bank of Nova Scotia Price Performance

BNS opened at C$103.48 on Wednesday. Bank of Nova Scotia has a 12-month low of C$62.57 and a 12-month high of C$106.39. The stock has a market capitalization of C$127.93 billion, a PE ratio of 18.25, a P/E/G ratio of 1.33 and a beta of 1.33. The firm’s fifty day moving average price is C$102.53 and its 200 day moving average price is C$94.83.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its earnings results on Tuesday, December 2nd. The bank reported C$1.93 earnings per share for the quarter. The company had revenue of C$9.77 billion during the quarter. Bank of Nova Scotia had a net margin of 17.68% and a return on equity of 9.64%. On average, equities research analysts forecast that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Bank of Nova Scotia news, insider Julie Walsh sold 3,716 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of C$100.62, for a total value of C$373,903.92. Following the sale, the insider directly owned 1,430 shares of the company’s stock, valued at C$143,886.60. This trade represents a 72.21% decrease in their ownership of the stock. 0.03% of the stock is currently owned by insiders.

Bank of Nova Scotia News Summary

Here are the key news stories impacting Bank of Nova Scotia this week:

• Positive Sentiment: Q1 beat, dividend affirmed and CA$40B shelf prospectus gives Scotiabank funding flexibility and supports growth/tech plans — a clear positive fundamental catalyst. How Investors Are Reacting To Bank of Nova Scotia (TSX:BNS) Q1 2026 Beat and CA$40B Funding Plan
• Positive Sentiment: Multiple broker notes are constructive (RBC raised its price target to C$106; other analysts from UBS, Desjardins, BMO and Canaccord published bullish commentary), which supports upside sentiment among investors. Royal Bank Of Canada Raises Bank of Nova Scotia (TSE:BNS) Price Target to C$106.00
• Positive Sentiment: Operational/brand improvements — rollout of on‑demand ASL/LSQ interpretation across Canadian branches — strengthen customer access and ESG/operational story, modestly positive for reputation and retention. Scotiabank Collaborates with Canadian Hearing Services to Launch On-Demand Sign Language Interpretation Nationwide
• Neutral Sentiment: Scotiabank says recent GDP prints are unlikely to change Bank of Canada rate decisions materially — implies a stable-rate backdrop for bank margins in the near term (neutral for immediate stock direction). Scotiabank Sees Little Impact on Bank of Canada’s Thinking From Friday’s GDP Data
• Neutral Sentiment: Market/valuation questions: coverage pieces debate whether BNS’s recent share performance (large 1‑year gain) leaves it fairly priced — this fuels both buy-side conviction and profit-taking. Is Bank of Nova Scotia (TSX:BNS) Price Justified After Strong One Year Share Performance
• Negative Sentiment: At least one dealer (National Bank Financial) lowered expectations for BNS, adding a measurable headwind to investor sentiment amid mixed broker views. National Bank Financial Has Lowered Expectations for Bank of Nova Scotia (TSE:BNS) Stock Price

About Bank of Nova Scotia

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank’s international operations span numerous countries and are more concentrated in Central and South America.