National Bank Financial Lowers Bank of Nova Scotia (TSE:BNS) Price Target to C$100.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price decreased by investment analysts at National Bank Financial from C$102.00 to C$100.00 in a report issued on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the bank’s stock. National Bank Financial’s price target would indicate a potential downside of 3.17% from the company’s current price.

BNS has been the subject of a number of other research reports. Barclays raised their price objective on shares of Bank of Nova Scotia from C$97.00 to C$106.00 in a report on Thursday, February 19th. Raymond James Financial upped their target price on Bank of Nova Scotia from C$114.00 to C$117.00 and gave the stock an “outperform” rating in a research note on Wednesday. Desjardins boosted their price objective on shares of Bank of Nova Scotia from C$104.00 to C$106.00 and gave the company a “hold” rating in a research report on Monday, February 9th. Jefferies Financial Group lifted their target price on Bank of Nova Scotia from C$97.00 to C$104.00 in a research report on Wednesday, February 11th. Finally, TD Securities upped their price target on Bank of Nova Scotia from C$104.00 to C$112.00 in a research report on Monday, February 9th. Three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of C$107.42.

Bank of Nova Scotia Trading Down 0.0%

Shares of BNS traded down C$0.05 on Wednesday, reaching C$103.27. The company’s stock had a trading volume of 1,867,298 shares, compared to its average volume of 4,335,239. The firm has a fifty day moving average of C$102.24 and a 200-day moving average of C$94.51. Bank of Nova Scotia has a twelve month low of C$62.57 and a twelve month high of C$106.39. The stock has a market capitalization of C$127.67 billion, a PE ratio of 18.21, a PEG ratio of 1.33 and a beta of 1.33.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its quarterly earnings data on Tuesday, December 2nd. The bank reported C$1.93 earnings per share (EPS) for the quarter. Bank of Nova Scotia had a net margin of 17.68% and a return on equity of 9.64%. The firm had revenue of C$9.77 billion for the quarter. As a group, equities analysts anticipate that Bank of Nova Scotia will post 7.1286267 EPS for the current fiscal year.

Insider Transactions at Bank of Nova Scotia

In other Bank of Nova Scotia news, insider Julie Walsh sold 3,716 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of C$100.62, for a total value of C$373,903.92. Following the completion of the sale, the insider owned 1,430 shares in the company, valued at approximately C$143,886.60. This represents a 72.21% decrease in their position. Corporate insiders own 0.03% of the company’s stock.

Key Stories Impacting Bank of Nova Scotia

Here are the key news stories impacting Bank of Nova Scotia this week:

• Positive Sentiment: Q1 results showed broad-based earnings growth — Scotiabank reported roughly C$2.3B in net income with double‑digit adjusted EPS growth, driven by strength across domestic and international businesses; management emphasized capital management and continued tech/AI investment. Scotiabank reports first quarter results
• Positive Sentiment: RBC Capital Markets raised its price target on BNS to C$106 (from C$97), signaling increased analyst confidence after the quarter. Bank of Nova Scotia Price Target Raised to $106 at RBC
• Positive Sentiment: TD Cowen (Mario Mendonca) maintained a Buy rating with a C$112 price target, citing medium‑term EPS growth potential and capital strength despite mixed near‑term loan trends. Buy Rating on Bank of Nova Scotia Backed by Medium-Term EPS Growth and Capital Strength Despite Mixed Near-Term Loan Trends
• Positive Sentiment: Board declared a dividend payable April 28, 2026 (record April 7) — supports income investor interest and signals confidence in capital position. Scotiabank Announces Dividend on Outstanding Shares
• Positive Sentiment: Management reassured investors that Mexican operations remain stable with no material impact from local violence — reduces a key geopolitical/operational risk. Scotiabank says Mexico operations stable, no impact from violence
• Neutral Sentiment: Momentum/analyst commentary pieces highlight recent share‑price strength and investor interest; useful context but not new company-specific catalysts. What Makes Bank of Nova Scotia (BNS) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: Pre-earnings coverage noted consumer stress trends heading into results — background macro risk to monitor but largely priced into recent guidance/quarter. Bank of Nova Scotia earnings on deck amid consumer stress
• Negative Sentiment: Some coverage flagged that revenues were down and provisions for credit losses (PCLs) edged up even as EPS beat — mixed quality of the quarter could limit upside if revenue trends persist. Scotiabank Lodges Big Q1 Earnings Beat, But Revs Lower and PCLs Edged Up

About Bank of Nova Scotia

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank’s international operations span numerous countries and are more concentrated in Central and South America.