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

Bank of Nova Scotia logo
$91.43 -0.11 (-0.12%)
As of 02:40 PM Eastern

Bank of Nova Scotia - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

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 "Moderate Buy." Out of the 5 analysts, 3 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for BNS.

Consensus Price Target

$117.00
27.97% 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 27.97% from the current price of $91.43.
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
8/17/25 to 8/17/26
1 Month Ago
7/18/25 to 7/18/26
3 Months Ago
5/19/25 to 5/19/26
1 Year Ago
8/17/24 to 8/17/25
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
1 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$117.00$106.00$81.00
Forecasted Upside27.97% Upside30.86% Upside37.25% Upside42.68% Upside
Consensus RatingModerate BuyHoldHoldHold

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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Bank of Nova Scotia Stock vs. The Competition

TypeBank of Nova ScotiaFinance CompaniesBroader Market
Consensus Rating Score
2.60
2.28
2.53
Consensus RatingModerate BuyHoldModerate Buy
Predicted Upside27.89% Upside28.05% Upside11.06% Upside
News Sentiment Rating
Positive News

See Recent BNS News
Positive News
Positive News
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
8/3/2026
Weiss Ratings logo
Weiss Ratings
5 of 5 stars
 UpgradeBuy (B)Buy (A-)
5/28/2026
Darko Mihelic
2 of 5 stars
Boost TargetSector Perform$98.00 ➝ $117.00+46.61%
3/9/2026 DowngradeStrong-BuyHold
3/3/2026 Reiterated RatingBuyHold
11/25/2025 Initiated CoverageOutperform
3/31/2025 DowngradeBuyNeutral
2/18/2025DowngradeStrong-BuyHold
11/21/2024UpgradeUnderweightEqual Weight
11/18/2024UpgradeNeutralBuy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 02:57 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 Wednesday, August 12, 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 reported earnings per share of $1.47 for the latest quarter, exceeding analysts' expectations, which indicates strong financial performance and effective management.
  • The bank's revenue increased by 8.3% year-over-year, showcasing its ability to grow and adapt in a competitive market.
  • With a return on equity of 13.16%, The Bank of Nova Scotia demonstrates efficient use of shareholders' equity to generate profits, which is a positive indicator for potential investors.
  • Recent upgrades from brokerages, including a target price increase to $117.00, suggest that analysts are optimistic about the bank's future performance, which could lead to stock price appreciation.
  • The current stock price is around $117.00, which may present a favorable entry point for investors looking to capitalize on the bank's growth potential.

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 earnings per share of $1.47 is lower than the $1.52 reported in the same quarter last year, indicating a potential decline in profitability.
  • Despite the revenue growth, the bank's net margin of 13.38% may suggest that profit margins are under pressure, which could affect future earnings.
  • With a consensus rating of "Hold" from analysts, there may be a lack of strong bullish sentiment, indicating that the stock may not be a top pick for aggressive investors.
  • Two analysts have rated the stock as a Buy, while three have assigned a Hold rating, suggesting mixed opinions on the stock's potential, which could lead to volatility.
  • Market conditions and economic factors could impact the bank's performance, making it essential for investors to consider external risks before investing.

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 twelve months. There are currently 3 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BNS shares.

According to analysts, Bank of Nova Scotia's stock has a predicted upside of 27.97% based on their 12-month stock forecasts.

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

Bank of Nova Scotia has been rated by research analysts at 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 for Bank of Nova Scotia is Moderate Buy while the average consensus rating for "finance" companies is Hold. Learn more on how BNS compares to other companies.


This page (NYSE:BNS) was last updated on 8/17/2026 by MarketBeat.com Staff.
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