Research Analysts’ Recent Ratings Changes for Bank of Nova Scotia (BNS)

A number of research firms have changed their ratings and price targets for Bank of Nova Scotia (TSE: BNS):

• 6/5/2026 – Bank of Nova Scotia had its price target lowered by Canaccord Genuity Group Inc. from C$112.00 to C$111.00. They now have a “hold” rating on the stock.
• 5/28/2026 – Bank of Nova Scotia had its price target raised by Desjardins from C$108.00 to C$115.00. They now have a “hold” rating on the stock.
• 5/28/2026 – Bank of Nova Scotia had its price target raised by TD from C$112.00 to C$113.00. They now have a “hold” rating on the stock.
• 5/28/2026 – Bank of Nova Scotia had its price target raised by Royal Bank Of Canada from C$98.00 to C$117.00. They now have a “sector perform” rating on the stock.
• 5/28/2026 – Bank of Nova Scotia had its price target raised by Raymond James Financial, Inc. from C$120.00 to C$121.00. They now have an “outperform” rating on the stock.
• 5/28/2026 – Bank of Nova Scotia had its price target raised by Barclays PLC from C$108.00 to C$110.00. They now have an “equal weight” rating on the stock.
• 5/28/2026 – Bank of Nova Scotia had its price target raised by Canadian Imperial Bank of Commerce from C$116.00 to C$122.00. They now have a “neutral” rating on the stock.
• 5/20/2026 – Bank of Nova Scotia had its price target raised by Jefferies Financial Group Inc. from C$104.00 to C$105.00.
• 5/20/2026 – Bank of Nova Scotia had its price target lowered by Canaccord Genuity Group Inc. from C$110.00 to C$108.00. They now have a “hold” rating on the stock.
• 5/15/2026 – Bank of Nova Scotia had its price target raised by National Bank Financial from C$100.00 to C$106.00. They now have a “sector perform” rating on the stock.
• 5/14/2026 – Bank of Nova Scotia had its price target raised by Canadian Imperial Bank of Commerce from C$109.00 to C$116.00. They now have a “neutral” rating on the stock.
• 5/13/2026 – Bank of Nova Scotia had its price target raised by Raymond James Financial, Inc. from C$117.00 to C$120.00. They now have an “outperform” rating on the stock.
• 5/5/2026 – Bank of Nova Scotia had its price target raised by TD from C$111.00 to C$112.00. They now have a “hold” rating on the stock.
• 5/5/2026 – Bank of Nova Scotia had its price target raised by Desjardins from C$107.00 to C$108.00. They now have a “hold” rating on the stock.

Bank of Nova Scotia Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 28th were issued a dividend of $1.10 per share. The ex-dividend date was Tuesday, April 7th. This represents a $4.40 dividend on an annualized basis and a yield of 3.9%. Bank of Nova Scotia’s dividend payout ratio (DPR) is 60.69%.

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).