The Bank of Nova Scotia (TSE:BNS) Stock Has Consensus Price Target of C$129.50

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned an average rating of “Moderate Buy” from the twelve brokerages that are presently covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$129.50.

A number of analysts recently commented on BNS shares. Desjardins set a C$130.00 price target on Bank of Nova Scotia and gave the stock a “hold” rating in a research note on Wednesday, September 2nd. TD Securities raised shares of Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 25th. Bank of America upped their price objective on shares of Bank of Nova Scotia from C$131.00 to C$134.00 in a report on Wednesday, August 26th. Keefe, Bruyette & Woods boosted their price target on shares of Bank of Nova Scotia from C$148.00 to C$152.00 and gave the company an “outperform” rating in a research report on Wednesday, August 26th. Finally, Raymond James Financial increased their target price 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, August 26th.

Bank of Nova Scotia Price Performance

TSE BNS opened at C$129.93 on Friday. The stock has a market capitalization of C$158.36 billion, a PE ratio of 16.98, a PEG ratio of 1.33 and a beta of 1.27. Bank of Nova Scotia has a 1 year low of C$88.22 and a 1 year high of C$134.50. The business’s 50-day moving average is C$127.15 and its 200 day moving average is C$116.10.

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

Bank of Nova Scotia Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 28th. Investors of record on Wednesday, October 28th will be paid a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, October 6th. Bank of Nova Scotia’s dividend payout ratio is presently 58.04%.

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).