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

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned a consensus rating of “Hold” from the ten ratings firms that are presently covering the firm, Marketbeat reports. Nine equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is C$110.77.

Several equities analysts recently weighed in on BNS shares. TD lifted their price target on Bank of Nova Scotia from C$112.00 to C$113.00 and gave the company a “hold” rating in a research note on Thursday, May 28th. Royal Bank Of Canada lifted their price target on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the company a “sector perform” rating in a research note on Thursday, May 28th. National Bank Financial lifted their price target on Bank of Nova Scotia from C$100.00 to C$106.00 and gave the company a “sector perform” rating in a research note on Friday, May 15th. Raymond James Financial lifted their price target on Bank of Nova Scotia from C$120.00 to C$121.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. Finally, TD Securities lowered Bank of Nova Scotia from a “buy” rating to a “hold” rating and cut their price target for the company from C$112.00 to C$111.00 in a research note on Tuesday, March 3rd.

Bank of Nova Scotia Stock Down 0.3%

Shares of BNS stock opened at C$122.66 on Friday. The stock has a market cap of C$150.39 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.33 and a beta of 1.32. The business has a 50-day simple moving average of C$109.64 and a 200-day simple moving average of C$103.65. Bank of Nova Scotia has a 52-week low of C$74.10 and a 52-week high of C$124.79.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its quarterly earnings data on Wednesday, May 27th. The bank reported C$2.02 earnings per share (EPS) for the quarter. The business 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%. Sell-side analysts anticipate that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Bank of Nova Scotia Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 28th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Tuesday, April 7th. Bank of Nova Scotia’s payout ratio is currently 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).