Bank of Nova Scotia (TSE:BNS) Stock Price Crosses Above Two Hundred Day Moving Average – Time to Sell?

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$112.76 and traded as high as C$128.45. Bank of Nova Scotia shares last traded at C$128.41, with a volume of 3,489,775 shares.

Wall Street Analysts Forecast Growth

BNS has been the subject of a number of analyst reports. Bank of America boosted their target price on shares of Bank of Nova Scotia from C$131.00 to C$134.00 in a research note on Wednesday, August 26th. Royal Bank Of Canada lifted their price target on Bank of Nova Scotia from C$117.00 to C$129.00 and gave the company a “sector perform” rating in a report on Wednesday, August 26th. Canadian Imperial Bank of Commerce boosted their price objective on Bank of Nova Scotia from C$136.00 to C$137.00 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. TD upgraded Bank of Nova Scotia from a “hold” rating to a “buy” rating and raised their target price for the company from C$124.00 to C$141.00 in a research report on Wednesday, August 26th. Finally, TD Securities upgraded Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$129.50.

Bank of Nova Scotia Stock Performance

The business’s 50 day moving average price is C$124.95 and its two-hundred day moving average price is C$112.88. The company has a market capitalization of C$158.00 billion, a price-to-earnings ratio of 16.95, a price-to-earnings-growth ratio of 1.33 and a beta of 1.27.

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 net margin of 14.08% and a return on equity of 11.41%. The business had revenue of C$10.54 billion for the quarter. On average, sell-side analysts expect that The Bank of Nova Scotia will post 7.1286267 earnings per share for the current year.

Bank of Nova Scotia Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 29th were paid a $1.14 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $4.56 dividend on an annualized basis and a dividend yield of 3.5%. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $1.10. Bank of Nova Scotia’s dividend payout ratio (DPR) is presently 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).