Bank of Nova Scotia (The) (NYSE:BNS) Receives $117.00 Average Price Target from Brokerages

Posted by Geri Gentry on Jun 18th, 2026

Bank of Nova Scotia (The) (NYSE:BNS – Get Free Report) (TSE:BNS) has earned an average recommendation of “Hold” from the five analysts that are presently covering the company, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is $117.00.

A number of equities research analysts recently commented on BNS shares. Canaccord Genuity Group lowered shares of Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. TD Securities reiterated a “hold” rating on shares of Bank of Nova Scotia in a report on Tuesday, March 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Bank of Nova Scotia in a report on Friday, May 22nd. Finally, Royal Bank Of Canada upped their price target on shares of Bank of Nova Scotia from $98.00 to $117.00 and gave the company a “sector perform” rating in a report on Thursday, May 28th.

Get Our Latest Stock Report on Bank of Nova Scotia

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in BNS. AQR Capital Management LLC raised its holdings in Bank of Nova Scotia by 111.2% in the 1st quarter. AQR Capital Management LLC now owns 19,096 shares of the bank’s stock worth $911,000 after purchasing an additional 10,056 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Bank of Nova Scotia in the 2nd quarter worth $330,000. EverSource Wealth Advisors LLC raised its holdings in Bank of Nova Scotia by 42.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,165 shares of the bank’s stock worth $120,000 after purchasing an additional 649 shares in the last quarter. Sei Investments Co. raised its holdings in Bank of Nova Scotia by 2.1% in the 2nd quarter. Sei Investments Co. now owns 21,212 shares of the bank’s stock worth $1,172,000 after purchasing an additional 434 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Bank of Nova Scotia by 61.1% in the 2nd quarter. Quantinno Capital Management LP now owns 66,962 shares of the bank’s stock worth $3,701,000 after purchasing an additional 25,400 shares in the last quarter. 49.13% of the stock is currently owned by institutional investors.

Bank of Nova Scotia Trading Up 1.0%

NYSE:BNS opened at $86.37 on Thursday. The company has a fifty day moving average of $78.09 and a 200 day moving average of $74.77. Bank of Nova Scotia has a 52 week low of $53.74 and a 52 week high of $87.08. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $105.80 billion, a P/E ratio of 16.48, a P/E/G ratio of 1.05 and a beta of 1.12.

Bank of Nova Scotia (NYSE:BNS – Get Free Report) (TSE:BNS) last posted its quarterly earnings results on Wednesday, May 27th. The bank reported $1.47 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.05. Bank of Nova Scotia had a net margin of 13.38% and a return on equity of 13.16%. The company had revenue of $7.24 billion during the quarter, compared to analyst estimates of $7.13 billion. During the same period in the prior year, the business posted $1.52 EPS. The firm’s revenue was up 8.3% compared to the same quarter last year. On average, research analysts predict that Bank of Nova Scotia will post 6.05 earnings per share for the current year.

About Bank of Nova Scotia

(Get Free Report)

Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian multinational banking and financial services company founded in 1832 and headquartered in Toronto, Ontario. It is one of Canada’s largest banks and provides a broad range of financial services to retail, commercial, corporate and institutional clients. The bank combines a domestic Canadian franchise with an extensive international presence to serve customers across multiple markets.

Scotiabank’s core activities include personal and commercial banking, wealth management, corporate and investment banking, capital markets, and global transaction banking.