Bank of Nova Scotia (TSE:BNS) Given a C$130.00 Price Target by Desjardins Analysts

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned a C$130.00 target price by stock analysts at Desjardins in a research report issued on Wednesday, BayStreet reports. The firm presently has a “hold” rating on the bank’s stock. Desjardins’ price target would indicate a potential upside of 1.18% from the stock’s current price.

Several other analysts also recently weighed in on BNS. Royal Bank Of Canada lifted their price target on shares of Bank of Nova Scotia from C$117.00 to C$129.00 and gave the company a “sector perform” rating in a research note on Wednesday, August 26th. Jefferies Financial Group increased their price objective on Bank of Nova Scotia from C$112.00 to C$117.00 and gave the stock a “hold” rating in a research note on Thursday, August 13th. Keefe, Bruyette & Woods raised their price objective on Bank of Nova Scotia from C$148.00 to C$152.00 and gave the stock an “outperform” rating in a report on Wednesday, August 26th. Canadian Imperial Bank of Commerce lifted their target price on Bank of Nova Scotia from C$122.00 to C$136.00 and gave the company a “neutral” rating in a research report on Wednesday, August 19th. Finally, TD Securities upgraded Bank of Nova Scotia from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of C$129.21.

Bank of Nova Scotia Stock Up 1.4%

BNS stock traded up C$1.73 during trading on Wednesday, hitting C$128.49. The company had a trading volume of 743,532 shares, compared to its average volume of 4,157,199. Bank of Nova Scotia has a 52-week low of C$85.50 and a 52-week high of C$131.72. The company has a 50 day simple moving average of C$123.89 and a 200-day simple moving average of C$111.53. The firm has a market capitalization of C$156.61 billion, a P/E ratio of 16.80, a PEG ratio of 1.33 and a beta of 1.30.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its quarterly earnings data on Tuesday, August 25th. The bank reported C$2.28 earnings per share (EPS) for the quarter. The company had revenue of C$10.54 billion during the quarter. Bank of Nova Scotia had a net margin of 14.08% and a return on equity of 11.41%. Sell-side analysts forecast that Bank of Nova Scotia will post 7.1286267 earnings per share for the current year.

Bank of Nova Scotia Company Profile

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).