The Bank of Nova Scotia (BNS.TO) – What Are Brokerages Saying About This Stock?

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been given an average rating of “Moderate Buy” by the twelve brokerages that are presently covering the stock, Marketbeat reports. Seven research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is C$129.50.

A number of brokerages have commented on BNS. Raymond James Financial raised their price objective on Bank of Nova Scotia from C$137.00 to C$139.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 26th. TD Securities upgraded Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. Desjardins set a C$130.00 target price on Bank of Nova Scotia and gave the company a “hold” rating in a report on Wednesday, September 2nd. Barclays increased their price target on shares of Bank of Nova Scotia from C$110.00 to C$130.00 in a research report on Friday, August 21st. Finally, Canaccord Genuity Group raised their price target on shares of Bank of Nova Scotia from C$121.00 to C$127.00 and gave the stock a “hold” rating in a report on Wednesday, August 26th.

Bank of Nova Scotia Stock Up 0.6%

BNS opened at C$130.73 on Thursday. The firm has a market capitalization of C$159.07 billion, a P/E ratio of 17.09, a PEG ratio of 1.33 and a beta of 1.21. The stock has a fifty day moving average of C$128.40 and a 200-day moving average of C$113.65. Bank of Nova Scotia has a 12-month low of C$90.48 and a 12-month high of C$134.50.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its quarterly earnings results on Tuesday, August 25th. The bank reported C$2.28 earnings per share for the quarter. The business had revenue of C$10.54 billion for the quarter. Bank of Nova Scotia had a return on equity of 11.41% and a net margin of 14.08%. On average, analysts expect that Bank of Nova Scotia will post 7.13 earnings per share for the current fiscal year.

Bank of Nova Scotia Announces Dividend

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

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).