Analysts Set The Bank of Nova Scotia (TSE:BNS) PT at C$112.31

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have received a consensus rating of “Hold” from the ten research firms that are currently covering the company, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$112.31.

A number of research firms recently issued reports on BNS. Raymond James Financial boosted their price objective on Bank of Nova Scotia from C$120.00 to C$121.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. Barclays lifted their target price on Bank of Nova Scotia from C$108.00 to C$110.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. Canaccord Genuity Group increased their price target on shares of Bank of Nova Scotia from C$111.00 to C$121.00 and gave the stock a “hold” rating in a report on Tuesday, July 7th. TD raised their price objective on shares of Bank of Nova Scotia from C$112.00 to C$113.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Finally, Royal Bank Of Canada raised their price objective on shares of Bank of Nova Scotia from C$98.00 to C$117.00 and gave the company a “sector perform” rating in a research report on Thursday, May 28th.

Bank of Nova Scotia Trading Down 0.4%

BNS opened at C$123.55 on Friday. Bank of Nova Scotia has a 12 month low of C$77.00 and a 12 month high of C$126.87. The company has a market cap of C$150.62 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. The company has a 50 day moving average of C$121.26 and a 200 day moving average of C$109.03.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its earnings results on Wednesday, May 27th. The bank reported C$2.02 earnings per share (EPS) for the quarter. Bank of Nova Scotia had a net margin of 15.64% and a return on equity of 11.06%. The business had revenue of C$9.85 billion for the quarter. Research analysts forecast that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Bank of Nova Scotia Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Wednesday, July 29th were paid a $1.14 dividend. The ex-dividend date was Tuesday, July 7th. This represents a $4.56 annualized dividend and a yield of 3.7%. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $1.10. Bank of Nova Scotia’s dividend payout ratio is currently 60.69%.

About Bank of Nova Scotia

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).