Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$139.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its price objective raised by Raymond James Financial from C$137.00 to C$139.00 in a research report report published on Wednesday,BayStreet.CA reports. The brokerage currently has an outperform rating on the bank’s stock.

Several other analysts have also issued reports on the company. Barclays boosted their price target on Bank of Nova Scotia from C$110.00 to C$130.00 in a report on Friday, August 21st. Canadian Imperial Bank of Commerce raised their price objective on Bank of Nova Scotia from C$122.00 to C$136.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 19th. Canaccord Genuity Group lifted their price objective on Bank of Nova Scotia from C$121.00 to C$127.00 and gave the company a “hold” rating in a research report on Wednesday. Keefe, Bruyette & Woods set a C$148.00 price objective on Bank of Nova Scotia and gave the company a “moderate buy” rating in a research note on Friday, August 21st. Finally, Royal Bank Of Canada increased 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 report on Thursday, May 28th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of C$128.86.

Bank of Nova Scotia Trading Down 0.4%

BNS opened at C$128.36 on Wednesday. The firm’s 50 day simple moving average is C$123.74 and its two-hundred day simple moving average is C$111.18. The company has a market capitalization of C$156.45 billion, a PE ratio of 17.70, a PEG ratio of 1.33 and a beta of 1.30. Bank of Nova Scotia has a 1-year low of C$85.07 and a 1-year high of C$131.72.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its quarterly earnings data on Tuesday, August 25th. The bank reported C$2.28 EPS for the quarter. Bank of Nova Scotia had a return on equity of 11.41% and a net margin of 14.08%.The firm had revenue of C$10.54 billion during the quarter. Equities analysts forecast that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Bank of Nova Scotia Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 29th. Investors of record on Wednesday, July 29th were issued a $1.14 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $4.56 annualized dividend and a yield of 3.6%. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $1.10. Bank of Nova Scotia’s payout ratio is currently 60.69%.

Key Headlines Impacting Bank of Nova Scotia

Here are the key news stories impacting Bank of Nova Scotia this week:

• Positive Sentiment: TD Securities upgraded BNS to “Buy,” signaling increased confidence in the bank’s earnings outlook and potential for further share-price appreciation. Bank of Nova Scotia Upgraded at TD Securities TD Upgrades Bank of Nova Scotia to Buy
• Positive Sentiment: National Bank Financial raised BNS to “Outperform,” while analysts at Keefe, Bruyette & Woods and Raymond James indicated that the stock could rise. These calls reinforce a generally constructive view among financial-sector analysts. BNS Raised to Outperform at National Bank Financial BNS Stock Price Expected to Rise, Keefe Bruyette and Woods BNS Stock Price Expected to Rise, Raymond James
• Positive Sentiment: Royal Bank of Canada, Bank of America and Canaccord Genuity published forecasts calling for strong price appreciation, adding to the evidence that some analysts see upside from current levels. Royal Bank of Canada Forecasts Strong Price Appreciation for BNS Bank of America Forecasts Strong Price Appreciation for BNS Canaccord Genuity Forecasts Strong Price Appreciation for BNS
• Neutral Sentiment: Canaccord Genuity separately assigned BNS a “Hold” rating, indicating that the firm sees balanced risk and reward rather than a clear catalyst for immediate outperformance. Bank of Nova Scotia Gets a Hold from Canaccord Genuity

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).