Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$108.00 at Desjardins

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price lifted by equities researchers at Desjardins from C$107.00 to C$108.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage presently has a “hold” rating on the bank’s stock. Desjardins’ price target would suggest a potential upside of 3.40% from the company’s current price.

Other equities analysts have also issued reports about the stock. National Bank Financial decreased their price objective on shares of Bank of Nova Scotia from C$102.00 to C$100.00 and set a “sector perform” rating for the company in a report on Wednesday, February 25th. Barclays boosted their price objective on shares of Bank of Nova Scotia from C$106.00 to C$108.00 and gave the stock an “equal weight” rating in a report on Wednesday, February 25th. Jefferies Financial Group boosted their price objective on shares of Bank of Nova Scotia from C$97.00 to C$104.00 in a report on Wednesday, February 11th. UBS Group boosted their price objective on shares of Bank of Nova Scotia from C$118.00 to C$120.00 in a report on Wednesday, February 25th. Finally, TD Securities lowered shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and decreased their price objective for the stock from C$112.00 to C$111.00 in a report on Tuesday, March 3rd. One research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of C$106.62.

Bank of Nova Scotia Stock Up 0.2%

Shares of BNS stock traded up C$0.16 during trading hours on Tuesday, hitting C$104.45. 721,346 shares of the company’s stock traded hands, compared to its average volume of 4,533,567. The stock’s fifty day simple moving average is C$99.79 and its two-hundred day simple moving average is C$98.91. Bank of Nova Scotia has a 12-month low of C$68.74 and a 12-month high of C$106.59. The stock has a market cap of C$128.62 billion, a price-to-earnings ratio of 15.50, a PEG ratio of 1.33 and a beta of 1.16.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its earnings results on Tuesday, February 24th. The bank reported C$2.05 earnings per share (EPS) for the quarter. Bank of Nova Scotia had a net margin of 14.45% and a return on equity of 10.41%. The firm had revenue of C$10.08 billion during the quarter. On average, equities analysts forecast that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

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).