Bank of Nova Scotia (TSE:BNS) Given New C$106.00 Price Target at National Bank Financial

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective raised by National Bank Financial from C$100.00 to C$106.00 in a research note published on Friday morning,BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the bank’s stock.

A number of other equities research analysts have also issued reports on the stock. Canaccord Genuity Group lowered shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and cut their price objective for the company from C$118.00 to C$110.00 in a report on Monday, March 9th. Desjardins increased their price objective on shares of Bank of Nova Scotia from C$107.00 to C$108.00 and gave the company a “hold” rating in a report on Tuesday, May 5th. UBS Group increased their price objective on shares of Bank of Nova Scotia from C$118.00 to C$120.00 in a report on Wednesday, February 25th. Barclays increased their target price on Bank of Nova Scotia from C$106.00 to C$108.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 25th. Finally, TD increased their target price on Bank of Nova Scotia from C$111.00 to C$112.00 and gave the company a “hold” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Bank of Nova Scotia currently has a consensus rating of “Hold” and an average price target of C$107.85.

Bank of Nova Scotia Price Performance

Shares of BNS opened at C$106.16 on Friday. Bank of Nova Scotia has a 1 year low of C$70.49 and a 1 year high of C$107.73. The company has a 50 day simple moving average of C$100.23 and a two-hundred day simple moving average of C$99.85. The firm has a market cap of C$130.73 billion, a P/E ratio of 15.75, a price-to-earnings-growth ratio of 1.33 and a beta of 1.23.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its quarterly earnings data on Tuesday, February 24th. The bank reported C$2.05 earnings per share (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, sell-side analysts anticipate that Bank of Nova Scotia will post 7.1286267 earnings per share for the current year.

Bank of Nova Scotia Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Stockholders of record on Tuesday, April 28th were given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Tuesday, April 7th. Bank of Nova Scotia’s dividend payout ratio is currently 64.69%.

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).