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S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Laser breakthrough could send stock soaring 2,467% (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
Laser breakthrough could send stock soaring 2,467% (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Laser breakthrough could send stock soaring 2,467% (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
North Korea notifies neighboring Japan it plans to launch satellite in coming days
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Laser breakthrough could send stock soaring 2,467% (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
Laser breakthrough could send stock soaring 2,467% (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Laser breakthrough could send stock soaring 2,467% (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
North Korea notifies neighboring Japan it plans to launch satellite in coming days
S&P 500   4,205.45
DOW   33,093.34
QQQ   348.40
Stock market today: Markets mostly higher after Biden-McCarthy deal on US debt
Laser breakthrough could send stock soaring 2,467% (Ad)
10 Ways Entrepreneurs Can Navigate a Down Economy
PwC Australia sidelines 9 directors as leak of tax information investigated
Laser breakthrough could send stock soaring 2,467% (Ad)
South African president appoints judge to oversee weapons-for-Russia inquiry
Drought-struck Barcelona quenches thirst with costly desalination
Laser breakthrough could send stock soaring 2,467% (Ad)
Poland imposes sanctions on 365 Belarusians over 'draconian' verdict against journalist
North Korea notifies neighboring Japan it plans to launch satellite in coming days
TSE:BNS

Bank of Nova Scotia (BNS) Price Target & Analyst Ratings

C$67.30
+0.50 (+0.75%)
(As of 05/29/2023 ET)
Compare
Today's Range
C$66.85
C$67.42
50-Day Range
C$65.66
C$69.05
52-Week Range
C$63.19
C$86.22
Volume
773,978 shs
Average Volume
4.17 million shs
Market Capitalization
C$80.09 billion
P/E Ratio
9.30
Dividend Yield
6.12%
Price Target
C$72.60

Bank of Nova Scotia Consensus Rating and Price Target (2023)

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.

Consensus Analyst Rating

Hold
Based on 10 Analyst Ratings

Consensus Analyst Price Target

C$72.60
7.87% Upside
High PredictionC$86.76
Average PredictionC$72.60
Low PredictionC$63.00
TypeCurrent
5/29/22 to 5/29/23
1 Month Ago
4/29/22 to 4/29/23
3 Months Ago
2/28/22 to 2/28/23
1 Year Ago
5/29/21 to 5/29/22
Consensus Rating
Hold
Hold
Hold
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)
4 Buy rating(s)
Hold
7 Hold rating(s)
10 Hold rating(s)
10 Hold rating(s)
7 Hold rating(s)
Sell
2 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$72.60C$78.02C$82.15C$91.26
Predicted Upside7.87% Upside9.24% Upside12.79% Upside7.78% 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 ScotiaFinance Companies
Consensus Rating Score
1.90
2.42
Consensus RatingHoldHold
News Sentiment RatingNeutral News
Positive News

Historical Target Prices and Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/25/2023Barclays
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 Lower TargetC$64.00 ➝ C$63.00-4.98%
5/25/2023BMO Capital Markets
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Sohrab Movahedi
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Lower TargetC$75.00 ➝ C$73.00+10.11%
5/25/2023Cormark
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 Lower TargetC$70.00 ➝ C$69.00+4.07%
5/25/2023Royal Bank of Canada
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Darko Mihelic
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Lower TargetSector PerformC$76.00 ➝ C$73.00+10.11%
5/25/2023Canaccord Genuity Group
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 Lower TargetC$68.00 ➝ C$67.00+1.06%
5/25/2023National Bankshares
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 Lower TargetSector PerformC$69.00 ➝ C$66.00-0.45%
5/16/2023CIBC
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 Lower TargetC$77.00 ➝ C$74.00+11.48%
5/16/2023CSFB
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 Lower TargetC$72.00 ➝ C$70.00+5.45%
3/14/2023Fundamental Research
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 Set TargetBuyC$86.76+31.73%
3/1/2023TD Securities
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 Lower TargetHoldC$72.00 ➝ C$69.00+1.34%
2/27/2023Veritas Investment Research
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 Reiterated RatingReduce
11/30/2022Keefe, Bruyette & Woods
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 Lower TargetC$75.00 ➝ C$74.00+7.26%
11/22/2022Credit Suisse Group
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 Lower TargetC$73.00+3.03%
9/2/2022Scotiabank
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 Lower TargetC$95.00 ➝ C$86.00+20.23%
(Data available from 5/29/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)












BNS Price Target - Frequently Asked Questions

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

According to the issued ratings of 10 analysts in the last year, the consensus rating for Bank of Nova Scotia stock is Hold based on the current 2 sell ratings, 7 hold ratings and 1 buy rating for BNS. The average twelve-month price prediction for Bank of Nova Scotia is C$72.60 with a high price target of C$86.76 and a low price target of C$63.00. 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 Finance companies. The consensus rating score for Bank of Nova Scotia is 1.90 while the average consensus rating score for finance companies is 2.41. Learn more on how BNS compares to other companies.

Is Bank of Nova Scotia being downgraded by Wall Street analysts?

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

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 7.31% based on their 12-month price targets.

What analysts cover Bank of Nova Scotia?

Stock Ratings Reports and Tools

This page (TSE:BNS) was last updated on 5/29/2023 by MarketBeat.com Staff

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