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

Bank of Nova Scotia logo
$80.62 -0.77 (-0.95%)
Closing price 06/5/2026 03:59 PM Eastern
Extended Trading
$80.42 -0.19 (-0.24%)
As of 06/5/2026 07:45 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
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Bank of Nova Scotia - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Hold
Based on 5 Analyst Ratings
Sell
0
Hold
3
Buy
2

Based on 5 Wall Street analysts who have issued ratings for Bank of Nova Scotia in the last 12 months, the stock has a consensus rating of "Hold." Out of the 5 analysts, 3 have given a hold rating, and 2 have given a buy rating for BNS.

Consensus Price Target

$117.00
45.13% Upside
According to the 5 analysts' twelve-month price targets for Bank of Nova Scotia, the average price target is $117.00. The highest price target for BNS is $117.00, while the lowest price target for BNS is $117.00. The average price target represents a forecasted upside of 45.13% from the current price of $80.62.
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.
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BNS Analyst Ratings Over Time

TypeCurrent Forecast
6/6/25 to 6/6/26		1 Month Ago
5/7/25 to 5/7/26		3 Months Ago
3/8/25 to 3/8/26		1 Year Ago
6/6/24 to 6/6/25
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$117.00$106.00$106.00$81.00
Forecasted Upside45.13% Upside35.77% Upside46.94% Upside50.32% Upside
Consensus RatingHoldHoldHoldHold

BNS Analyst Recommendations 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 ScotiaFinance CompaniesBroader Market
Consensus Rating Score
2.40
2.30
2.52
Consensus RatingHoldHoldModerate Buy
Predicted Upside45.13% Upside28.96% Upside15.62% Upside
News Sentiment Rating
Positive News

See Recent BNS News
Positive News
Positive News
Export
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside		Details
5/28/2026
Royal Bank Of Canada logo
Royal Bank Of Canada
3 of 5 stars
Darko Mihelic
2 of 5 stars
Boost TargetSector Perform$98.00 ➝ $117.00+46.61%
5/22/2026
Weiss Ratings logo
Weiss Ratings
Not Rated
 Reiterated RatingBuy (B)
3/9/2026
Canaccord Genuity Group Inc. logo
Canaccord Genuity Group
4 of 5 stars
 DowngradeStrong-Buy ➝ Hold
3/3/2026
TD Securities logo
TD Securities
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
 Reiterated RatingBuy ➝ Hold
11/25/2025
Raymond James Financial, Inc. logo
Raymond James Financial
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
 Initiated CoverageOutperform
3/31/2025
Bank of America Corporation logo
Bank of America
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
 DowngradeBuy ➝ Neutral
2/18/2025
Canadian Imperial Bank of Commerce logo
Canadian Imperial Bank of Commerce
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
P. Holden
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
DowngradeStrong-Buy ➝ Hold
11/21/2024
Barclays PLC logo
Barclays
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
B. Morton
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
UpgradeUnderweight ➝ Equal Weight
11/18/2024
UBS Group AG logo
UBS Group
Subscribe to MarketBeat All Access for the firm's recommendation accuracy rating
J. Shea
Subscribe to MarketBeat All Access for the analyst's recommendation accuracy rating
UpgradeNeutral ➝ Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 07:25 PM ET.


Should I Buy Bank of Nova Scotia Stock? BNS Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, June 1, 2026. Please send any questions or comments about these Bank of Nova Scotia pros and cons to contact@marketbeat.com.

Bank of Nova Scotia
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in The Bank of Nova Scotia:

  • The Bank of Nova Scotia recently reported a rise in profit driven by stronger interest income and growth in its Canadian banking and wealth management sectors, indicating robust operational performance.
  • The bank has raised its dividend, reflecting confidence in its earnings durability and capital strength, which can be attractive for income-focused investors.
  • Analysts have increased their price target for The Bank of Nova Scotia, suggesting stronger earnings expectations and potential for stock appreciation.
  • The bank's return on equity (ROE) improved to 13.1%, a key indicator of profitability that shows how effectively the bank is using shareholders' equity to generate earnings.
  • The current stock price is around $76.58, which is significantly below its 1-year high, suggesting potential for upside as the market adjusts to recent positive developments.

Bank of Nova Scotia
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in The Bank of Nova Scotia for these reasons:

  • The stock is currently trading at elevated multiples, which may limit near-term upside potential despite recent earnings beats.
  • Management has flagged a concentration-risk issue due to an increase in impaired loans from a single client, which could pose future risks to financial stability.
  • Despite positive earnings, the stock has seen a slight decline recently, indicating potential volatility that could concern risk-averse investors.
  • Analysts have given the stock an average rating of "Hold," suggesting that while it may not be a strong buy, it also isn't a sell, indicating uncertainty in its near-term performance.
  • The bank's net margin has decreased compared to the previous year, which could signal challenges in maintaining profitability moving forward.

BNS Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Bank of Nova Scotia is $117.00, with a high forecast of $117.00 and a low forecast of $117.00.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bank of Nova Scotia in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" BNS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BNS, but not buy additional shares or sell existing shares.

According to analysts, Bank of Nova Scotia's stock has a predicted upside of 45.13% based on their 12-month stock forecasts.

Over the previous 90 days, Bank of Nova Scotia's stock had 1 downgrade by analysts.

Bank of Nova Scotia has been rated by research analysts at Canaccord Genuity Group, Royal Bank Of Canada, and Weiss Ratings in the past 90 days.

Analysts like Bank of Nova Scotia more than other "finance" companies. The consensus rating score for Bank of Nova Scotia is 2.40 while the average consensus rating score for "finance" companies is 2.30. Learn more on how BNS compares to other companies.

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This page (NYSE:BNS) was last updated on 6/6/2026 by MarketBeat.com Staff.
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