The Bank of Nova Scotia (TSE:BNS) Receives Consensus Recommendation of “Hold” from Analysts

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been assigned a consensus recommendation of “Hold” from the eleven analysts that are currently covering the company, MarketBeat.com reports. Ten investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is C$106.62.

BNS has been the topic of several analyst reports. UBS Group lifted their target price on shares of Bank of Nova Scotia from C$118.00 to C$120.00 in a research note on Wednesday, February 25th. National Bank Financial decreased their target price on shares of Bank of Nova Scotia from C$102.00 to C$100.00 and set a “sector perform” rating on the stock in a research note on Wednesday, February 25th. TD Securities downgraded shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$112.00 to C$111.00 in a research note on Tuesday, March 3rd. Canaccord Genuity Group downgraded shares of Bank of Nova Scotia from a “buy” rating to a “hold” rating and decreased their target price for the stock from C$118.00 to C$110.00 in a research note on Monday, March 9th. Finally, BMO Capital Markets lifted their target price on shares of Bank of Nova Scotia from C$98.00 to C$101.00 and gave the stock a “market perform” rating in a research note on Wednesday, February 25th.

Bank of Nova Scotia Price Performance

Shares of TSE BNS opened at C$106.92 on Thursday. Bank of Nova Scotia has a one year low of C$69.05 and a one year high of C$107.27. The stock has a market capitalization of C$131.66 billion, a P/E ratio of 15.86, a PEG ratio of 1.33 and a beta of 1.23. The firm’s 50 day simple moving average is C$99.82 and its two-hundred day simple moving average is C$99.13.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its earnings results on Tuesday, February 24th. The bank reported C$2.05 EPS for the quarter. Bank of Nova Scotia had a net margin of 14.45% and a return on equity of 10.41%. The company had revenue of C$10.08 billion for the quarter. As a group, equities analysts expect that Bank of Nova Scotia will post 7.1286267 earnings per share for the current fiscal year.

Bank of Nova Scotia Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 28th. Investors of record on Tuesday, April 28th were issued a $1.10 dividend. The ex-dividend date was Tuesday, April 7th. This represents a $4.40 annualized dividend and a yield of 4.1%. Bank of Nova Scotia’s payout ratio is 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).