Bank of Nova Scotia (TSE:BNS) PT Set at C$128.00 by National Bank Financial

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned a C$128.00 price target by stock analysts at National Bank Financial in a note issued to investors on Monday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the bank’s stock. National Bank Financial’s price objective would suggest a potential upside of 6.47% from the company’s previous close.

BNS has been the subject of several other research reports. Canaccord Genuity Group upped their price target on shares of Bank of Nova Scotia from C$111.00 to C$121.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. Desjardins upped their price objective on Bank of Nova Scotia from C$115.00 to C$125.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. Keefe, Bruyette & Woods set a C$148.00 price target on Bank of Nova Scotia and gave the stock an “outperform” rating in a research note on Friday. Royal Bank Of Canada lifted their target price on shares of Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 28th. Finally, Canadian Imperial Bank of Commerce increased their price objective 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. Two investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Bank of Nova Scotia currently has an average rating of “Hold” and an average price target of C$121.64.

Bank of Nova Scotia Trading Down 0.3%

BNS traded down C$0.35 during mid-day trading on Monday, hitting C$120.22. 890,886 shares of the stock were exchanged, compared to its average volume of 4,151,440. The firm’s fifty day moving average is C$123.14 and its two-hundred day moving average is C$110.39. Bank of Nova Scotia has a 1-year low of C$79.24 and a 1-year high of C$127.63. The company has a market cap of C$146.56 billion, a PE ratio of 16.58, a PEG ratio of 1.33 and a beta of 1.30.

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

About Bank of Nova Scotia

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).