Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$112.00

Key Points

• TD raised its price target on Bank of Nova Scotia to C$112 (from C$111) while keeping a "hold" rating, implying about a 7.23% upside from the current price.
• Analyst consensus remains a Hold (one Buy, ten Hold) with an average price target of C$106.62; the stock trades near C$104.45 and the bank reported C$2.05 EPS and C$10.08B revenue in the most recent quarter.

Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS had its price target lifted by TD from C$111.00 to C$112.00 in a report issued on Tuesday,BayStreet.CA reports. The firm presently has a "hold" rating on the bank's stock. TD's price objective suggests a potential upside of 7.23% from the company's current price.

Other research analysts have also recently issued research reports about the stock. Desjardins boosted their price target on shares of Bank of Nova Scotia from C$107.00 to C$108.00 and gave the stock a "hold" rating in a report on Tuesday. Raymond James Financial boosted their price target on shares of Bank of Nova Scotia from C$114.00 to C$117.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. National Bank Financial lowered their price target 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 target 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. Finally, Jefferies Financial Group upped their target price on shares of Bank of Nova Scotia from C$97.00 to C$104.00 in a report on Wednesday, February 11th. One equities research analyst has rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of C$106.62.

Bank of Nova Scotia Stock Up 0.2%

TSE BNS traded up C$0.16 on Tuesday, hitting C$104.45. 721,346 shares of the stock were exchanged, compared to its average volume of 4,533,567. Bank of Nova Scotia has a fifty-two week low of C$68.74 and a fifty-two week high of C$106.59. The company has a market cap of C$128.62 billion, a PE ratio of 15.50, a PEG ratio of 1.33 and a beta of 1.16. The company has a 50-day moving average price of C$99.79 and a 200-day moving average price of C$98.91.

Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS last posted its quarterly earnings results on Tuesday, February 24th. The bank reported C$2.05 EPS for the quarter. Bank of Nova Scotia had a net margin of 14.45% and a return on equity of 10.41%. The company had revenue of C$10.08 billion during the quarter. As a group, equities research analysts predict that Bank of Nova Scotia will post 7.1286267 EPS for the current fiscal 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.

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