Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$130.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective upped by Barclays from C$110.00 to C$130.00 in a report issued on Friday morning,BayStreet.CA reports.

Other equities analysts have also issued reports about the company. Canadian Imperial Bank of Commerce boosted their price target on Bank of Nova Scotia from C$122.00 to C$136.00 and gave the company a “neutral” rating in a research note on Wednesday, August 19th. Royal Bank Of Canada lifted their price objective on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a “sector perform” rating in a report on Thursday, May 28th. TD upped their target price on Bank of Nova Scotia from C$113.00 to C$124.00 and gave the company a “hold” rating in a research note on Wednesday, August 12th. Desjardins upped their target price on Bank of Nova Scotia from C$115.00 to C$125.00 and gave the company a “hold” rating in a research note on Wednesday, August 5th. Finally, Raymond James Financial raised their target price on Bank of Nova Scotia from C$121.00 to C$137.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 12th. Two investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of C$121.64.

Bank of Nova Scotia Stock Up 1.0%

Shares of TSE BNS opened at C$120.57 on Friday. The stock’s 50 day moving average price is C$123.14 and its two-hundred day moving average price is C$110.39. Bank of Nova Scotia has a 52-week low of C$78.74 and a 52-week high of C$127.63. The stock has a market capitalization of C$146.99 billion, a P/E ratio of 16.63, a PEG ratio of 1.33 and a beta of 1.30.

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

Bank of Nova Scotia Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 29th. Shareholders of record on Wednesday, July 29th were given a $1.14 dividend. This represents a $4.56 annualized dividend and a yield of 3.8%. The ex-dividend date was Tuesday, July 7th. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $1.10. Bank of Nova Scotia’s dividend payout ratio is 60.69%.

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).