Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS had its target price lifted by equities researchers at Desjardins from C$115.00 to C$125.00 in a research note issued on Wednesday,BayStreet.CA reports. The firm presently has a "hold" rating on the bank's stock. Desjardins' price objective suggests a potential upside of 0.80% from the company's current price.
A number of other analysts also recently issued reports on the company. Canaccord Genuity Group lifted their price objective on Bank of Nova Scotia from C$111.00 to C$121.00 and gave the stock a "hold" rating in a research note on Tuesday, July 7th. Royal Bank Of Canada increased their target price on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the company a "sector perform" rating in a research report on Thursday, May 28th. Raymond James Financial raised their target price on shares of Bank of Nova Scotia from C$120.00 to C$121.00 and gave the company an "outperform" rating in a report on Thursday, May 28th. Jefferies Financial Group boosted their price target on shares of Bank of Nova Scotia from C$104.00 to C$105.00 in a research report on Wednesday, May 20th. Finally, Barclays upped their price target on shares of Bank of Nova Scotia from C$108.00 to C$110.00 and gave the company an "equal weight" rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Bank of Nova Scotia presently has an average rating of "Hold" and a consensus price target of C$112.31.
Check Out Our Latest Analysis on BNS
Bank of Nova Scotia Price Performance
Shares of Bank of Nova Scotia stock traded up C$1.33 during trading on Wednesday, reaching C$124.01. 1,189,328 shares of the stock traded hands, compared to its average volume of 4,269,791. Bank of Nova Scotia has a 52-week low of C$76.34 and a 52-week high of C$126.87. The business has a fifty day simple moving average of C$120.17 and a two-hundred day simple moving average of C$108.41. The company has a market capitalization of C$151.18 billion, a price-to-earnings ratio of 17.10, a P/E/G ratio of 1.33 and a beta of 1.29.
Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS last posted its earnings results on Wednesday, May 27th. The bank reported C$2.02 EPS for the quarter. Bank of Nova Scotia had a return on equity of 11.06% and a net margin of 15.64%.The company had revenue of C$9.85 billion for the quarter. On average, research analysts predict that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.
About Bank of Nova Scotia
(
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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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