Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$107.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price target lifted by Desjardins from C$106.00 to C$107.00 in a research report sent to investors on Wednesday,BayStreet.CA reports. Desjardins currently has a hold rating on the bank’s stock.

A number of other equities analysts have also recently commented on the company. BMO Capital Markets lifted their price target on 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. Barclays lifted their target price on shares of Bank of Nova Scotia from C$97.00 to C$106.00 in a research note on Thursday, February 19th. Royal Bank Of Canada increased their price target on shares of Bank of Nova Scotia from C$97.00 to C$106.00 and gave the company a “sector perform” rating in a research report on Wednesday. Canaccord Genuity Group raised their price target on shares of Bank of Nova Scotia from C$112.00 to C$118.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Canadian Imperial Bank of Commerce upped their price objective on shares of Bank of Nova Scotia from C$103.00 to C$108.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, Bank of Nova Scotia currently has an average rating of “Hold” and an average target price of C$107.42.

Bank of Nova Scotia Stock Down 1.5%

TSE BNS opened at C$103.48 on Wednesday. The company has a 50-day simple moving average of C$102.53 and a two-hundred day simple moving average of C$94.83. Bank of Nova Scotia has a 12-month low of C$62.57 and a 12-month high of C$106.39. The firm has a market cap of C$127.93 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 1.33 and a beta of 1.33.

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

Insider Buying and Selling

In other Bank of Nova Scotia news, insider Julie Walsh sold 3,716 shares of the company’s stock in a transaction on 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 transaction, the insider directly owned 1,430 shares in the company, valued at approximately C$143,886.60. This represents a 72.21% decrease in their position. Company 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 beat, dividend affirmed and CA$40B shelf prospectus gives Scotiabank funding flexibility and supports growth/tech plans — a clear positive fundamental catalyst. How Investors Are Reacting To Bank of Nova Scotia (TSX:BNS) Q1 2026 Beat and CA$40B Funding Plan
• Positive Sentiment: Multiple broker notes are constructive (RBC raised its price target to C$106; other analysts from UBS, Desjardins, BMO and Canaccord published bullish commentary), which supports upside sentiment among investors. Royal Bank Of Canada Raises Bank of Nova Scotia (TSE:BNS) Price Target to C$106.00
• Positive Sentiment: Operational/brand improvements — rollout of on‑demand ASL/LSQ interpretation across Canadian branches — strengthen customer access and ESG/operational story, modestly positive for reputation and retention. Scotiabank Collaborates with Canadian Hearing Services to Launch On-Demand Sign Language Interpretation Nationwide
• Neutral Sentiment: Scotiabank says recent GDP prints are unlikely to change Bank of Canada rate decisions materially — implies a stable-rate backdrop for bank margins in the near term (neutral for immediate stock direction). Scotiabank Sees Little Impact on Bank of Canada’s Thinking From Friday’s GDP Data
• Neutral Sentiment: Market/valuation questions: coverage pieces debate whether BNS’s recent share performance (large 1‑year gain) leaves it fairly priced — this fuels both buy-side conviction and profit-taking. Is Bank of Nova Scotia (TSX:BNS) Price Justified After Strong One Year Share Performance
• Negative Sentiment: At least one dealer (National Bank Financial) lowered expectations for BNS, adding a measurable headwind to investor sentiment amid mixed broker views. National Bank Financial Has Lowered Expectations for Bank of Nova Scotia (TSE:BNS) Stock Price

Bank of Nova Scotia Company Profile

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.