S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 
S&P 500   5,051.41
DOW   37,798.97
QQQ   431.10
Stock market today: Most of Wall Street slips as expectations rise for rates to stay high
Kinder Morgan Stock Bid Up In An Oil Breakout
ASML’s Earnings Could Bring The Stock to New Highs
3 Computer Vision Stocks for Long-Term Gains From AI
Closing prices for crude oil, gold and other commodities
Undervalued UnitedHealth Group Won’t Be For Long
DocuSign and The Case for 66% Upside 

Bank of Nova Scotia (BNS) Stock Forecast & Price Target

C$64.08
-1.39 (-2.12%)
(As of 05:13 PM ET)

Bank of Nova Scotia Consensus Analyst Rating and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Analysts' Consensus Rating

Hold
Based on 14 Analyst Ratings

Analysts' Consensus Price Target

C$66.97
4.51% Upside
High ForecastC$77.55
Average ForecastC$66.97
Low ForecastC$60.00
TypeCurrent Forecast
4/17/23 to 4/16/24
1 Month Ago
3/18/23 to 3/17/24
3 Months Ago
1/17/23 to 1/17/24
1 Year Ago
4/17/22 to 4/17/23
Consensus Rating
Hold
Hold
Reduce
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
1 Buy rating(s)
Hold
12 Hold rating(s)
12 Hold rating(s)
11 Hold rating(s)
10 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price TargetC$66.97C$66.66C$64.94C$78.02
Predicted Upside4.51% Upside3.10% Upside4.04% Upside9.24% Upside
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BNS Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BNS Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Bank of Nova Scotia Stock vs. The Competition

TypeBank of Nova ScotiaFinancial Services Companies
Consensus Rating Score
2.00
2.44
Consensus RatingHoldHold
News Sentiment RatingNeutral News
Positive News

Recent Analyst Ratings and Stock Forecasts

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
4/5/2024BMO Capital Markets
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 Boost TargetC$69.00 ➝ C$74.00+8.84%
3/8/2024CIBC
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 Lower TargetNeutralC$66.00 ➝ C$64.00-5.35%
2/28/2024Canaccord Genuity Group
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 Boost TargetHoldC$65.00 ➝ C$67.50+3.61%
2/28/2024TD Securities
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 Boost TargetHoldC$64.00 ➝ C$65.00-0.23%
2/28/2024Royal Bank of Canada
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 Boost TargetSector PerformC$62.00 ➝ C$64.00-1.77%
2/28/2024Desjardins
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 Boost TargetHoldC$64.00 ➝ C$68.00+4.37%
2/28/2024Jefferies Financial Group
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 Boost TargetHoldC$63.00 ➝ C$66.00+1.30%
2/28/2024National Bankshares
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 Boost TargetSector PerformC$66.00 ➝ C$67.00+2.84%
11/29/2023Bank of America
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 Lower TargetNeutralC$68.00 ➝ C$60.00+0.37%
11/23/2023Keefe, Bruyette & Woods
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 Lower TargetMarket PerformC$66.00 ➝ C$63.00+4.55%
8/30/2023Barclays
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 Boost TargetUnderperformC$65.00 ➝ C$66.00+2.52%
8/30/2023CSFB
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 Boost TargetNeutralC$66.00 ➝ C$68.00+5.62%
8/30/2023Cormark
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 Lower TargetMarket PerformC$68.00 ➝ C$65.00+0.96%
7/24/2023Scotiabank
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 Boost TargetC$67.00 ➝ C$69.50+3.56%
6/6/2023Fundamental Research
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 Set TargetBuyC$77.55+16.97%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 06:15 PM ET.

BNS Price Target - Frequently Asked Questions

What is Bank of Nova Scotia's consensus rating and price target?

According to the issued ratings of 14 analysts in the last year, the consensus rating for Bank of Nova Scotia stock is Hold based on the current 1 sell rating, 12 hold ratings and 1 buy rating for BNS. The average twelve-month price prediction for Bank of Nova Scotia is C$66.97 with a high price target of C$77.55 and a low price target of C$60.00. Learn more on BNS's analyst rating history.

Do Wall Street analysts like Bank of Nova Scotia more than its competitors?

Analysts like Bank of Nova Scotia less than other Financial Services companies. The consensus rating score for Bank of Nova Scotia is 2.00 while the average consensus rating score for financial services companies is 2.44. Learn more on how BNS compares to other companies.

Does Bank of Nova Scotia's stock price have much upside?

According to analysts, Bank of Nova Scotia's stock has a predicted upside of 3.43% based on their 12-month stock forecasts.

What analysts cover Bank of Nova Scotia?

Stock Ratings Reports and Tools

This page (TSE:BNS) was last updated on 4/16/2024 by MarketBeat.com Staff

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