The Bank of Nova Scotia (TSE:BNS) Receives Consensus Rating of “Hold” from Analysts

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has received an average recommendation of “Hold” from the ten ratings firms that are currently covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$110.54.

Several research firms recently commented on BNS. Desjardins increased their price objective on Bank of Nova Scotia from C$108.00 to C$115.00 and gave the company a “hold” rating in a research note on Thursday. Barclays lifted their target price on shares of Bank of Nova Scotia from C$108.00 to C$110.00 and gave the stock an “equal weight” rating in a research note on Thursday. TD increased their target price 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. BMO Capital Markets raised their price target on shares of Bank of Nova Scotia from C$98.00 to C$101.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 25th. Finally, National Bank Financial boosted their price target on shares of Bank of Nova Scotia from C$100.00 to C$106.00 and gave the stock a “sector perform” rating in a research report on Friday, May 15th.

Bank of Nova Scotia Stock Performance

TSE:BNS opened at C$110.62 on Monday. Bank of Nova Scotia has a 12 month low of C$72.30 and a 12 month high of C$113.57. The stock has a 50 day moving average of C$102.82 and a two-hundred day moving average of C$101.10. The firm has a market cap of C$135.63 billion, a P/E ratio of 15.26, a price-to-earnings-growth ratio of 1.33 and a beta of 1.23.

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

Bank of Nova Scotia Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 28th were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 4.0%. The ex-dividend date was Tuesday, April 7th. Bank of Nova Scotia’s 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).