Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$125.00 at Desjardins

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price hoisted by equities research analysts at Desjardins from C$115.00 to C$125.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm currently has a “hold” rating on the bank’s stock. Desjardins’ price target points to a potential upside of 0.80% from the stock’s previous close.

A number of other research firms have also recently commented on BNS. Canadian Imperial Bank of Commerce upped their target price on Bank of Nova Scotia from C$116.00 to C$122.00 and gave the company a “neutral” rating in a research note on Thursday, May 28th. Royal Bank Of Canada raised their price target on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 28th. Barclays boosted their price objective on Bank of Nova Scotia from C$108.00 to C$110.00 and gave the company an “equal weight” rating in a report on Thursday, May 28th. National Bank Financial increased their target price on Bank of Nova Scotia from C$100.00 to C$106.00 and gave the stock a “sector perform” rating in a research note on Friday, May 15th. Finally, Canaccord Genuity Group increased their target price on Bank of Nova Scotia from C$111.00 to C$121.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. One research analyst has rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of C$112.31.

Bank of Nova Scotia Stock Up 1.1%

TSE:BNS traded up C$1.33 during mid-day trading on Wednesday, hitting C$124.01. 1,189,328 shares of the stock traded hands, compared to its average volume of 4,269,791. Bank of Nova Scotia has a 52 week low of C$76.34 and a 52 week high of C$126.87. The stock has a market capitalization of C$151.18 billion, a price-to-earnings ratio of 17.10, a PEG ratio of 1.33 and a beta of 1.29. The firm’s 50 day moving average is C$120.17 and its two-hundred day moving average is C$108.41.

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

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).