The Bank of Nova Scotia (TSE:BNS) Stock Has Average Target Price of C$129.50

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been given an average recommendation of “Moderate Buy” by the twelve research firms that are covering the firm, MarketBeat.com reports. Seven investment 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 12-month price objective among brokerages that have covered the stock in the last year is C$129.50.

BNS has been the subject of a number of analyst reports. Raymond James Financial lifted their target price on shares of Bank of Nova Scotia from C$137.00 to C$139.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 26th. Bank of America raised their price objective on shares of Bank of Nova Scotia from C$131.00 to C$134.00 in a research report on Wednesday, August 26th. Jefferies Financial Group lifted their price objective on shares of Bank of Nova Scotia from C$119.00 to C$120.00 in a research note on Thursday, September 3rd. TD upgraded shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating and boosted their target price for the company from C$124.00 to C$141.00 in a research report on Wednesday, August 26th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Bank of Nova Scotia from C$148.00 to C$152.00 and gave the company an “outperform” rating in a research report on Wednesday, August 26th.

Bank of Nova Scotia Trading Down 0.6%

TSE BNS opened at C$130.00 on Thursday. The business’s 50-day moving average price is C$128.45 and its two-hundred day moving average price is C$119.52. Bank of Nova Scotia has a 12 month low of C$90.44 and a 12 month high of C$134.50. The firm has a market capitalization of C$158.18 billion, a PE ratio of 16.99, a price-to-earnings-growth ratio of 1.33 and a beta of 1.21.

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. Bank of Nova Scotia had a return on equity of 11.41% and a net margin of 14.08%. The company had revenue of C$10.54 billion during the quarter. As a group, analysts forecast 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 declared 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 of this dividend is Tuesday, October 6th. Bank of Nova Scotia’s payout ratio is 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).