Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$133.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective raised by Desjardins from C$130.00 to C$133.00 in a research note issued to investors on Wednesday,BayStreet reports. They currently have a hold rating on the bank’s stock.

A number of other analysts have also weighed in on BNS. Jefferies Financial Group raised their target price on Bank of Nova Scotia from C$119.00 to C$120.00 in a research note on Thursday, September 3rd. Keefe, Bruyette & Woods lifted their price target on Bank of Nova Scotia from C$148.00 to C$152.00 and gave the company an “outperform” rating in a report on Wednesday, August 26th. National Bank Financial upgraded shares of Bank of Nova Scotia from a “hold” rating to an “outperform” rating and upped their price target for the stock from C$128.00 to C$142.00 in a research report on Wednesday, August 26th. Bank of America increased their price objective on shares of Bank of Nova Scotia from C$131.00 to C$134.00 in a report on Wednesday, August 26th. Finally, Barclays increased their price objective on shares of Bank of Nova Scotia from C$110.00 to C$130.00 in a report on Friday, August 21st. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Bank of Nova Scotia has a consensus rating of “Moderate Buy” and a consensus price target of C$129.64.

Bank of Nova Scotia Price Performance

BNS stock opened at C$131.85 on Wednesday. The business has a fifty day moving average price of C$130.10 and a 200 day moving average price of C$115.91. Bank of Nova Scotia has a fifty-two week low of C$92.85 and a fifty-two week high of C$135.40. The stock has a market capitalization of C$160.44 billion, a price-to-earnings ratio of 17.24, a P/E/G ratio of 1.33 and a beta of 1.14.

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

Bank of Nova Scotia Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 28th were given a dividend of $1.14 per share. The ex-dividend date was Tuesday, October 6th. This represents a $4.56 annualized dividend and a dividend yield of 3.5%. Bank of Nova Scotia’s payout ratio is currently 58.04%.

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).