The Bank of Nova Scotia (TSE:BNS) Stock Has Consensus Price Target of C$129.50

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned an average rating of “Moderate Buy” from the twelve research firms that are presently covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is C$129.50.

BNS has been the subject of several research reports. TD upgraded shares of Bank of Nova Scotia from a “hold” rating to a “buy” rating and boosted their price target for the stock from C$124.00 to C$141.00 in a research note on Wednesday, August 26th. Desjardins set a C$130.00 price objective on Bank of Nova Scotia and gave the company a “hold” rating in a research note on Wednesday, September 2nd. TD Securities upgraded Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. Royal Bank Of Canada boosted their target price on Bank of Nova Scotia from C$117.00 to C$129.00 and gave the stock a “sector perform” rating in a research note on Wednesday, August 26th. Finally, Raymond James Financial boosted their target price on Bank of Nova Scotia from C$137.00 to C$139.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 26th.

Bank of Nova Scotia Stock Performance

Shares of BNS opened at C$129.02 on Friday. The company’s 50-day simple moving average is C$127.00 and its 200-day simple moving average is C$116.00. Bank of Nova Scotia has a 1 year low of C$88.22 and a 1 year high of C$134.50. The stock has a market capitalization of C$157.25 billion, a PE ratio of 16.87, a P/E/G ratio of 1.33 and a beta of 1.27.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its earnings results on Tuesday, August 25th. The bank reported C$2.28 earnings per share for the quarter. The firm had revenue of C$10.54 billion for the quarter. Bank of Nova Scotia had a net margin of 14.08% and a return on equity of 11.41%. On average, sell-side analysts predict that Bank of Nova Scotia will post 7.1286267 earnings per share for the current year.

Bank of Nova Scotia Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 28th. Stockholders of record on Wednesday, October 28th will be paid a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, October 6th. 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).