Brokerages Set The Bank of Nova Scotia (TSE:BNS) Price Target at C$111.54

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been given a consensus rating of “Hold” by the ten research firms that are presently covering the firm, Marketbeat Ratings reports. Nine investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is C$111.54.

BNS has been the subject of several analyst reports. Barclays lifted their price target on shares of Bank of Nova Scotia from C$108.00 to C$110.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 28th. Raymond James Financial increased their price objective on shares of Bank of Nova Scotia from C$120.00 to C$121.00 and gave the company an “outperform” rating in a report on Thursday, May 28th. Canaccord Genuity Group raised their price objective on shares of Bank of Nova Scotia from C$111.00 to C$121.00 and gave the company a “hold” rating in a research note on Tuesday, July 7th. TD lifted their target price on shares of Bank of Nova Scotia from C$112.00 to C$113.00 and gave the stock a “hold” rating in a report on Thursday, May 28th. Finally, Canadian Imperial Bank of Commerce upped their target price on shares of Bank of Nova Scotia from C$116.00 to C$122.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th.

Bank of Nova Scotia Stock Performance

TSE BNS opened at C$125.91 on Tuesday. The stock has a market capitalization of C$154.38 billion, a P/E ratio of 17.37, a price-to-earnings-growth ratio of 1.33 and a beta of 1.29. Bank of Nova Scotia has a 52 week low of C$75.05 and a 52 week high of C$126.87. The stock has a fifty day moving average of C$116.14 and a 200-day moving average of C$106.41.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its quarterly earnings data on Wednesday, May 27th. The bank reported C$2.02 EPS for the quarter. The firm 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 forecast that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Bank of Nova Scotia Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 29th. Stockholders of record on Wednesday, July 29th will be given a $1.14 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $4.56 annualized dividend and a dividend yield of 3.6%. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $1.10. Bank of Nova Scotia’s dividend payout ratio is 60.69%.

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).