Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$130.00 at Barclays

Key Points

• Barclays raised Bank of Nova Scotia’s price target from C$110 to C$130, implying 7.62% upside from the current price.
• Analyst sentiment remains cautious: MarketBeat reports a consensus rating of “Hold” from 12 analysts, with an average target price of C$121.64.
• Shares rose 1.2% to C$120.79 in Friday trading. The bank recently reported quarterly EPS of C$2.02 and revenue of C$9.85 billion.

Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS had its target price boosted by investment analysts at Barclays from C$110.00 to C$130.00 in a research note issued on Friday,BayStreet.CA reports. Barclays's target price points to a potential upside of 7.62% from the stock's current price.

Other equities analysts have also recently issued research reports about the company. National Bank Financial boosted their price objective on Bank of Nova Scotia from C$106.00 to C$128.00 and gave the company a "sector perform" rating in a report on Thursday, August 13th. Raymond James Financial lifted their target price on Bank of Nova Scotia from C$121.00 to C$137.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 12th. Jefferies Financial Group boosted their target price on shares of Bank of Nova Scotia from C$112.00 to C$117.00 and gave the company a "hold" rating in a research note on Thursday, August 13th. Royal Bank Of Canada upped their price target on shares of Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a "sector perform" rating in a report on Thursday, May 28th. Finally, Canaccord Genuity Group raised their price target on shares of 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. Two investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of C$121.64.

Bank of Nova Scotia Stock Up 1.2%

Bank of Nova Scotia stock traded up C$1.43 during midday trading on Friday, reaching C$120.79. The stock had a trading volume of 683,017 shares, compared to its average volume of 4,153,325. Bank of Nova Scotia has a 52-week low of C$78.74 and a 52-week high of C$127.63. The firm has a market cap of C$147.25 billion, a price-to-earnings ratio of 16.66, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. The company has a fifty day moving average of C$123.08 and a 200 day moving average of C$110.26.

Bank of Nova Scotia (TSE:BNS - Get Free Report) NYSE: BNS last announced its earnings results on Wednesday, May 27th. The bank reported C$2.02 earnings per share (EPS) for the quarter. The business had revenue of C$9.85 billion during the quarter. Bank of Nova Scotia had a return on equity of 11.06% and a net margin of 15.64%. Equities research analysts predict that Bank of Nova Scotia will post 7.1286267 EPS for the current 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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