Bank of Nova Scotia (TSE:BNS) Given a C$128.00 Price Target at National Bank Financial

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) received a C$128.00 price objective from National Bank Financial in a research note issued to investors on Monday,BayStreet.CA reports. The firm presently has a “sector perform” rating on the bank’s stock. National Bank Financial’s price objective would indicate a potential upside of 6.47% from the company’s previous close.

Other analysts have also recently issued research reports about the stock. Jefferies Financial Group boosted their target price on shares of Bank of Nova Scotia from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research note on Thursday, August 13th. TD boosted their price objective on Bank of Nova Scotia from C$113.00 to C$124.00 and gave the stock a “hold” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada raised their target price on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the company a “sector perform” rating in a research report on Thursday, May 28th. Desjardins raised their price objective on Bank of Nova Scotia from C$115.00 to C$125.00 and gave the company a “hold” rating in a report on Wednesday, August 5th. Finally, Canaccord Genuity Group lifted their target price on shares of Bank of Nova Scotia from C$111.00 to C$121.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. Two research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat, Bank of Nova Scotia has an average rating of “Hold” and an average target price of C$121.64.

Bank of Nova Scotia Stock Performance

Shares of Bank of Nova Scotia stock traded down C$0.35 during trading on Monday, hitting C$120.22. 890,886 shares of the company’s stock were exchanged, compared to its average volume of 4,151,440. The stock has a market capitalization of C$146.56 billion, a price-to-earnings ratio of 16.58, a PEG ratio of 1.33 and a beta of 1.30. The business has a 50-day simple moving average of C$123.14 and a 200-day simple moving average of C$110.39. Bank of Nova Scotia has a 52-week low of C$79.24 and a 52-week high of C$127.63.

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

About Bank of Nova Scotia

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).