Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$105.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price target boosted by stock analysts at Jefferies Financial Group from C$104.00 to C$105.00 in a report issued on Wednesday,BayStreet.CA reports. Jefferies Financial Group’s price objective would indicate a potential downside of 3.23% from the stock’s current price.

Several other brokerages have also recently commented on BNS. Royal Bank Of Canada reduced their target price on shares of Bank of Nova Scotia from C$106.00 to C$98.00 and set a “sector perform” rating for the company in a report on Wednesday, March 25th. Canadian Imperial Bank of Commerce increased their target price on shares of Bank of Nova Scotia from C$109.00 to C$116.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Canaccord Genuity Group dropped their price target on shares of Bank of Nova Scotia from C$110.00 to C$108.00 and set a “hold” rating on the stock in a research report on Wednesday. UBS Group upped their price target on shares of Bank of Nova Scotia from C$118.00 to C$120.00 in a research report on Wednesday, February 25th. Finally, TD Securities lowered shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and dropped their price target for the stock from C$112.00 to C$111.00 in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of C$107.77.

Bank of Nova Scotia Stock Up 2.0%

BNS traded up C$2.17 during trading hours on Wednesday, hitting C$108.50. 1,766,022 shares of the company’s stock were exchanged, compared to its average volume of 4,362,030. Bank of Nova Scotia has a 1-year low of C$70.49 and a 1-year high of C$108.59. The stock’s 50-day moving average is C$100.52 and its two-hundred day moving average is C$100.11. The stock has a market cap of C$133.61 billion, a price-to-earnings ratio of 16.10, a PEG ratio of 1.33 and a beta of 1.23.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its earnings results on Tuesday, February 24th. The bank reported C$2.05 EPS for the quarter. Bank of Nova Scotia had a net margin of 14.45% and a return on equity of 10.41%. The business had revenue of C$10.08 billion during the quarter. On average, equities research analysts anticipate that Bank of Nova Scotia will post 7.1286267 EPS for the current year.

Bank of Nova Scotia Company Profile

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).