The Bank of Nova Scotia (TSE:BNS) Given Consensus Rating of “Hold” by Analysts

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been given an average recommendation of “Hold” by the ten research firms that are covering the stock, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$110.54.

Several equities analysts recently commented on BNS shares. Desjardins increased their target price on shares of Bank of Nova Scotia from C$108.00 to C$115.00 and gave the company a “hold” rating in a report on Thursday. Canaccord Genuity Group reduced their target price on shares of Bank of Nova Scotia from C$110.00 to C$108.00 and set a “hold” rating on the stock in a report on Wednesday, May 20th. TD Securities lowered shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and reduced their target price for the company from C$112.00 to C$111.00 in a report on Tuesday, March 3rd. Jefferies Financial Group increased their target price on shares of Bank of Nova Scotia from C$104.00 to C$105.00 in a report on Wednesday, May 20th. Finally, BMO Capital Markets increased their target price on shares of Bank of Nova Scotia from C$98.00 to C$101.00 and gave the company a “market perform” rating in a report on Wednesday, February 25th.

Bank of Nova Scotia Price Performance

Shares of TSE:BNS opened at C$110.62 on Monday. The company’s fifty day moving average price is C$102.82 and its 200-day moving average price is C$101.05. The firm has a market capitalization of C$136.22 billion, a price-to-earnings ratio of 16.41, a PEG ratio of 1.33 and a beta of 1.23. Bank of Nova Scotia has a one year low of C$72.30 and a one year high of C$113.57.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its quarterly earnings results on Wednesday, May 27th. The bank reported C$2.02 EPS for the quarter. The firm had revenue of C$9.85 billion for the quarter. Bank of Nova Scotia had a net margin of 15.64% and a return on equity of 11.06%. As a group, equities research analysts expect that Bank of Nova Scotia will post 7.1286267 EPS for the current year.

Bank of Nova Scotia Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 28th were issued a dividend of $1.10 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $4.40 annualized dividend and a dividend yield of 4.0%. Bank of Nova Scotia’s dividend payout ratio (DPR) is currently 64.69%.

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).