Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$152.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price target upped by Keefe, Bruyette & Woods from C$148.00 to C$152.00 in a research note published on Wednesday,BayStreet.CA reports. They currently have an outperform rating on the bank’s stock.

A number of other analysts have also recently weighed in on BNS. Raymond James Financial increased their price objective on Bank of Nova Scotia from C$137.00 to C$139.00 and gave the stock an “outperform” rating in a research report on Wednesday. Desjardins boosted their target price on Bank of Nova Scotia from C$115.00 to C$125.00 and gave the company a “hold” rating in a report on Wednesday, August 5th. TD upgraded Bank of Nova Scotia from a “hold” rating to a “buy” rating and upped their price target for the stock from C$124.00 to C$141.00 in a research note on Wednesday. Canaccord Genuity Group increased their price target on Bank of Nova Scotia from C$121.00 to C$127.00 and gave the stock a “hold” rating in a report on Wednesday. Finally, Royal Bank Of Canada lifted their price objective on shares of Bank of Nova Scotia from C$117.00 to C$129.00 and gave the company a “sector perform” rating in a research report on Wednesday. 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, Bank of Nova Scotia presently has a consensus rating of “Moderate Buy” and a consensus price target of C$128.86.

Bank of Nova Scotia Stock Performance

Shares of BNS opened at C$128.36 on Wednesday. Bank of Nova Scotia has a fifty-two week low of C$85.07 and a fifty-two week high of C$131.72. The firm has a 50-day simple moving average of C$123.74 and a 200-day simple moving average of C$111.18. The company has a market capitalization of C$156.45 billion, a price-to-earnings ratio of 17.70, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30.

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

Bank of Nova Scotia Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 29th. Investors of record on Wednesday, July 29th were given a $1.14 dividend. The ex-dividend date was Tuesday, July 7th. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $1.10. This represents a $4.56 dividend on an annualized basis and a yield of 3.6%. Bank of Nova Scotia’s payout ratio is 60.69%.

Bank of Nova Scotia News Summary

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

• Positive Sentiment: TD Securities upgraded BNS to “Buy,” signaling increased confidence in the bank’s earnings outlook and potential for further share-price appreciation. Bank of Nova Scotia Upgraded at TD Securities TD Upgrades Bank of Nova Scotia to Buy
• Positive Sentiment: National Bank Financial raised BNS to “Outperform,” while analysts at Keefe, Bruyette & Woods and Raymond James indicated that the stock could rise. These calls reinforce a generally constructive view among financial-sector analysts. BNS Raised to Outperform at National Bank Financial BNS Stock Price Expected to Rise, Keefe Bruyette and Woods BNS Stock Price Expected to Rise, Raymond James
• Positive Sentiment: Royal Bank of Canada, Bank of America and Canaccord Genuity published forecasts calling for strong price appreciation, adding to the evidence that some analysts see upside from current levels. Royal Bank of Canada Forecasts Strong Price Appreciation for BNS Bank of America Forecasts Strong Price Appreciation for BNS Canaccord Genuity Forecasts Strong Price Appreciation for BNS
• Neutral Sentiment: Canaccord Genuity separately assigned BNS a “Hold” rating, indicating that the firm sees balanced risk and reward rather than a clear catalyst for immediate outperformance. Bank of Nova Scotia Gets a Hold from Canaccord Genuity

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).