Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$136.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price target upped by Canadian Imperial Bank of Commerce from C$122.00 to C$136.00 in a research note published on Wednesday,BayStreet.CA reports. They currently have a neutral rating on the bank’s stock.

A number of other equities analysts also recently weighed in on the stock. Desjardins lifted their target price on shares of Bank of Nova Scotia from C$115.00 to C$125.00 and gave the stock a “hold” rating in a research note on Wednesday, August 5th. National Bank Financial upped their price target on shares of Bank of Nova Scotia from C$106.00 to C$128.00 and gave the company a “sector perform” rating in a research report on Thursday, August 13th. Raymond James Financial upped their price target on shares of Bank of Nova Scotia from C$121.00 to C$137.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Royal Bank Of Canada increased 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 report on Thursday, May 28th. Finally, Jefferies Financial Group lifted their price objective on Bank of Nova Scotia from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research report on Thursday, August 13th. Two analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat, Bank of Nova Scotia currently has a consensus rating of “Hold” and an average target price of C$121.64.

Bank of Nova Scotia Stock Performance

TSE:BNS opened at C$120.57 on Wednesday. The company has a market capitalization of C$146.99 billion, a PE ratio of 16.63, a P/E/G ratio of 1.33 and a beta of 1.30. The company has a 50 day simple moving average of C$123.14 and a two-hundred day simple moving average of C$110.34. Bank of Nova Scotia has a fifty-two week low of C$78.74 and a fifty-two week high of C$127.63.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its quarterly earnings results on Wednesday, May 27th. The bank reported C$2.02 earnings per share (EPS) for the quarter. The firm had revenue of C$9.85 billion for the quarter. Bank of Nova Scotia had a net margin of 15.64% and a return on equity of 11.06%. Research analysts predict 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. Stockholders of record on Wednesday, July 29th were issued a dividend of $1.14 per share. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $1.10. This represents a $4.56 annualized dividend and a dividend yield of 3.8%. The ex-dividend date was Tuesday, July 7th. Bank of Nova Scotia’s dividend payout ratio (DPR) is currently 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).