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

Posted by Geri Gentry on Sep 30th, 2026

Shares of The Bank of Nova Scotia (TSE:BNS – Get Free Report) (NYSE:BNS) have been given an average rating of “Moderate Buy” by the twelve analysts that are covering the stock, MarketBeat reports. Seven equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is C$129.50.

Several research analysts have recently weighed in on the company. National Bank Financial upgraded Bank of Nova Scotia from a “hold” rating to an “outperform” rating and boosted their price target for the stock from C$128.00 to C$142.00 in a research note on Wednesday, August 26th. Barclays increased their price objective on Bank of Nova Scotia from C$110.00 to C$130.00 in a research report on Friday, August 21st. Royal Bank Of Canada lifted their price objective on Bank of Nova Scotia from C$117.00 to C$129.00 and gave the stock a “sector perform” rating in a report on Wednesday, August 26th. Jefferies Financial Group boosted their target price on Bank of Nova Scotia from C$119.00 to C$120.00 in a research report on Thursday, September 3rd. Finally, TD Securities upgraded shares of Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th.

Read Our Latest Stock Report on BNS

Bank of Nova Scotia Stock Down 0.2%

Shares of BNS opened at C$131.29 on Friday. Bank of Nova Scotia has a twelve month low of C$88.22 and a twelve month high of C$134.50. The company has a market capitalization of C$160.02 billion, a P/E ratio of 17.16, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27. The firm has a 50 day moving average of C$126.74 and a 200 day moving average of C$115.52.

Bank of Nova Scotia (TSE:BNS – Get Free Report) (NYSE:BNS) last released its quarterly earnings data on Tuesday, August 25th. The bank reported C$2.28 earnings per share (EPS) for the quarter. Bank of Nova Scotia had a return on equity of 11.41% and a net margin of 14.08%.The business had revenue of C$10.54 billion for the quarter. On average, sell-side analysts expect that Bank of Nova Scotia will post 7.1286267 EPS for the current year.

Bank of Nova Scotia Announces Dividend

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

Bank of Nova Scotia Company Profile

(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).