The Bank of Nova Scotia (TSE:BNS) Receives C$112.31 Consensus Target Price from Analysts

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been assigned a consensus rating of “Hold” from the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is C$117.00.

BNS has been the topic of several recent research reports. Canadian Imperial Bank of Commerce lifted their price target on shares of Bank of Nova Scotia from C$116.00 to C$122.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Royal Bank Of Canada increased their price objective 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 note on Thursday, May 28th. Canaccord Genuity Group raised their price objective on Bank of Nova Scotia from C$111.00 to C$121.00 and gave the company a “hold” rating in a report on Tuesday, July 7th. National Bank Financial lifted their target price on Bank of Nova Scotia from C$106.00 to C$128.00 and gave the company a “sector perform” rating in a research report on Thursday. Finally, Raymond James Financial lifted their target price on 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.

Bank of Nova Scotia Price Performance

BNS stock opened at C$126.98 on Friday. The stock has a market capitalization of C$154.80 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.33 and a beta of 1.30. The business has a 50-day moving average of C$122.35 and a 200-day moving average of C$109.64. Bank of Nova Scotia has a fifty-two week low of C$78.22 and a fifty-two week high of C$127.00.

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 for the quarter. Bank of Nova Scotia had a return on equity of 11.06% and a net margin of 15.64%.The firm had revenue of C$9.85 billion during the quarter. Equities analysts expect that Bank of Nova Scotia will post 7.1286267 EPS for the current year.

Bank of Nova Scotia Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 29th were issued a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Tuesday, July 7th. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $1.10. Bank of Nova Scotia’s payout ratio is currently 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).