Bank of Nova Scotia (TSE:BNS) Price Target Raised to C$106.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price upped by Royal Bank Of Canada from C$97.00 to C$106.00 in a research report released on Wednesday morning,BayStreet.CA reports. Royal Bank Of Canada currently has a sector perform rating on the bank’s stock.

BNS has been the topic of several other research reports. National Bank Financial cut their target price on Bank of Nova Scotia from C$102.00 to C$100.00 and set a “sector perform” rating on the stock in a research report on Wednesday. Canadian Imperial Bank of Commerce raised their price objective on Bank of Nova Scotia from C$103.00 to C$108.00 and gave the company a “neutral” rating in a research note on Friday, February 13th. TD Securities upped their target price on shares of Bank of Nova Scotia from C$104.00 to C$112.00 in a research note on Monday, February 9th. 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. Finally, Jefferies Financial Group boosted their price target on shares of Bank of Nova Scotia from C$97.00 to C$104.00 in a report on Wednesday, February 11th. Three investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of C$107.42.

Bank of Nova Scotia Price Performance

TSE:BNS opened at C$103.48 on Wednesday. Bank of Nova Scotia has a one year low of C$62.57 and a one year high of C$106.39. The company has a market cap of C$127.93 billion, a PE ratio of 18.25, a PEG ratio of 1.33 and a beta of 1.33. The firm has a 50-day moving average of C$102.53 and a 200-day moving average of C$94.83.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its quarterly earnings results on Tuesday, December 2nd. The bank reported C$1.93 earnings per share for the quarter. The business had revenue of C$9.77 billion for the quarter. Bank of Nova Scotia had a net margin of 17.68% and a return on equity of 9.64%. On average, equities research analysts expect that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Insider Buying and Selling at Bank of Nova Scotia

In related news, insider Julie Walsh sold 3,716 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of C$100.62, for a total transaction of C$373,903.92. Following the completion of the transaction, the insider owned 1,430 shares in the company, valued at approximately C$143,886.60. This represents a 72.21% decrease in their ownership of the stock. Company insiders own 0.03% of the company’s stock.

Key Bank of Nova Scotia News

Here are the key news stories impacting Bank of Nova Scotia this week:

• Positive Sentiment: Q1 beat, dividend affirmed and CA$40B shelf prospectus gives Scotiabank funding flexibility and supports growth/tech plans — a clear positive fundamental catalyst. How Investors Are Reacting To Bank of Nova Scotia (TSX:BNS) Q1 2026 Beat and CA$40B Funding Plan
• Positive Sentiment: Multiple broker notes are constructive (RBC raised its price target to C$106; other analysts from UBS, Desjardins, BMO and Canaccord published bullish commentary), which supports upside sentiment among investors. Royal Bank Of Canada Raises Bank of Nova Scotia (TSE:BNS) Price Target to C$106.00
• Positive Sentiment: Operational/brand improvements — rollout of on‑demand ASL/LSQ interpretation across Canadian branches — strengthen customer access and ESG/operational story, modestly positive for reputation and retention. Scotiabank Collaborates with Canadian Hearing Services to Launch On-Demand Sign Language Interpretation Nationwide
• Neutral Sentiment: Scotiabank says recent GDP prints are unlikely to change Bank of Canada rate decisions materially — implies a stable-rate backdrop for bank margins in the near term (neutral for immediate stock direction). Scotiabank Sees Little Impact on Bank of Canada’s Thinking From Friday’s GDP Data
• Neutral Sentiment: Market/valuation questions: coverage pieces debate whether BNS’s recent share performance (large 1‑year gain) leaves it fairly priced — this fuels both buy-side conviction and profit-taking. Is Bank of Nova Scotia (TSX:BNS) Price Justified After Strong One Year Share Performance
• Negative Sentiment: At least one dealer (National Bank Financial) lowered expectations for BNS, adding a measurable headwind to investor sentiment amid mixed broker views. National Bank Financial Has Lowered Expectations for Bank of Nova Scotia (TSE:BNS) Stock Price

Bank of Nova Scotia Company Profile

Bank of Nova Scotia is a global financial services provider. The bank has five business segments: Canadian banking, international banking, global wealth management, global banking and markets, and other. It offers a range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. The bank’s international operations span numerous countries and are more concentrated in Central and South America.