Bank of Nova Scotia (TSE:BNS – Get Free Report) (NYSE:BNS) had its price objective lifted by analysts at Canadian Imperial Bank of Commerce from C$109.00 to C$116.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has a “neutral” rating on the bank’s stock. Canadian Imperial Bank of Commerce’s target price would suggest a potential upside of 9.27% from the company’s previous close.
Other equities research analysts have also issued reports about the stock. TD Securities lowered shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and lowered their price target for the company from C$112.00 to C$111.00 in a report on Tuesday, March 3rd. BMO Capital Markets increased their price objective 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. Desjardins increased their target price on shares of Bank of Nova Scotia from C$107.00 to C$108.00 and gave the stock a “hold” rating in a report on Tuesday, May 5th. UBS Group raised their target price on shares of Bank of Nova Scotia from C$118.00 to C$120.00 in a report on Wednesday, February 25th. Finally, Barclays raised their target price on shares of Bank of Nova Scotia from C$106.00 to C$108.00 and gave the company an “equal weight” rating in a report on Wednesday, February 25th. One equities research analyst has rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Bank of Nova Scotia has an average rating of “Hold” and an average target price of C$107.85.
View Our Latest Analysis on BNS
Bank of Nova Scotia Price Performance
Bank of Nova Scotia (TSE:BNS – Get Free Report) (NYSE:BNS) last released its quarterly earnings results on Tuesday, February 24th. The bank reported C$2.05 EPS for the quarter. The business had revenue of C$10.08 billion during the quarter. Bank of Nova Scotia had a net margin of 14.45% and a return on equity of 10.41%. On average, research analysts expect that Bank of Nova Scotia will post 7.1286267 EPS for the current fiscal year.
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).
See Also
- Five stocks we like better than Bank of Nova Scotia
- Viking Sails to All-Time Highs—Fundamentals Signal More to Come
- Datavalut Gains Traction: 5 Reasons to Sell Now
- TMC Stock: Why This Pre-Revenue Miner Is Worth Watching
- The Power Grid Is Dying—Is It Time to Buy Its Replacement?
Receive News & Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related companies with MarketBeat.com's FREE daily email newsletter.
