Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$125.00

Posted by George Bondi on Aug 8th, 2026

Bank of Nova Scotia (TSE:BNS – Free Report) (NYSE:BNS) had its target price increased by Desjardins from C$115.00 to C$125.00 in a research note issued to investors on Wednesday morning,BayStreet.CA reports. They currently have a hold rating on the bank’s stock.

Other equities analysts have also issued research reports about the company. Royal Bank Of Canada raised their price objective on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a “sector perform” rating in a report on Thursday, May 28th. Jefferies Financial Group raised their price objective on shares of Bank of Nova Scotia from C$104.00 to C$105.00 in a research report on Wednesday, May 20th. TD lifted 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 note on Thursday, May 28th. Barclays upped their target price on shares of 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. Finally, National Bank Financial increased their target price 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 note on Friday, May 15th. One equities research analyst has rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of C$112.31.

Read Our Latest Research Report on Bank of Nova Scotia

Bank of Nova Scotia Price Performance

Bank of Nova Scotia stock opened at C$124.00 on Wednesday. Bank of Nova Scotia has a 1-year low of C$76.75 and a 1-year high of C$126.87. The stock has a market cap of C$151.17 billion, a PE ratio of 17.10, a P/E/G ratio of 1.33 and a beta of 1.30. The stock’s fifty day moving average is C$120.97 and its two-hundred day moving average is C$108.83.

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

Bank of Nova Scotia Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 29th were paid a dividend of $1.14 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.7%. This is an increase 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

(Get Free Report)

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).