Bank of Nova Scotia (TSE:BNS) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price boosted by stock analysts at BMO Capital Markets from C$98.00 to C$101.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the bank’s stock. BMO Capital Markets’ price target would suggest a potential downside of 2.20% from the company’s previous close.

A number of other equities research analysts also recently issued reports on BNS. National Bank Financial increased their target price on shares of Bank of Nova Scotia from C$100.00 to C$102.00 and gave the stock a “sector perform” rating in a research report on Tuesday, February 17th. Desjardins raised their price objective on shares of Bank of Nova Scotia from C$104.00 to C$106.00 and gave the stock a “hold” rating in a report on Monday, February 9th. Canadian Imperial Bank of Commerce boosted their target price on Bank of Nova Scotia from C$103.00 to C$108.00 and gave the stock a “neutral” rating in a report on Friday, February 13th. Jefferies Financial Group lifted their price objective on Bank of Nova Scotia from C$97.00 to C$104.00 in a research report on Wednesday, February 11th. Finally, Canaccord Genuity Group raised their target price on Bank of Nova Scotia from C$106.00 to C$112.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$107.42.

Bank of Nova Scotia Stock Down 0.0%

Shares of BNS traded down C$0.05 during trading hours on Wednesday, reaching C$103.27. 1,867,298 shares of the company traded hands, compared to its average volume of 4,335,239. The stock has a market capitalization of C$127.67 billion, a PE ratio of 18.21, a price-to-earnings-growth ratio of 1.33 and a beta of 1.33. Bank of Nova Scotia has a fifty-two week low of C$62.57 and a fifty-two week high of C$106.39. The stock has a fifty day simple moving average of C$102.24 and a 200 day simple moving average of C$94.51.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its quarterly earnings results on Tuesday, December 2nd. The bank reported C$1.93 EPS for the quarter. The firm had revenue of C$9.77 billion during the quarter. Bank of Nova Scotia had a net margin of 17.68% and a return on equity of 9.64%. Research analysts predict that Bank of Nova Scotia will post 7.1286267 EPS 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 company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of C$100.62, for a total value of C$373,903.92. Following the completion of the sale, 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. 0.03% of the stock is currently owned by company insiders.

Bank of Nova Scotia News Roundup

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

• Positive Sentiment: Q1 results showed broad-based earnings growth — Scotiabank reported roughly C$2.3B in net income with double‑digit adjusted EPS growth, driven by strength across domestic and international businesses; management emphasized capital management and continued tech/AI investment. Scotiabank reports first quarter results
• Positive Sentiment: RBC Capital Markets raised its price target on BNS to C$106 (from C$97), signaling increased analyst confidence after the quarter. Bank of Nova Scotia Price Target Raised to $106 at RBC
• Positive Sentiment: TD Cowen (Mario Mendonca) maintained a Buy rating with a C$112 price target, citing medium‑term EPS growth potential and capital strength despite mixed near‑term loan trends. Buy Rating on Bank of Nova Scotia Backed by Medium-Term EPS Growth and Capital Strength Despite Mixed Near-Term Loan Trends
• Positive Sentiment: Board declared a dividend payable April 28, 2026 (record April 7) — supports income investor interest and signals confidence in capital position. Scotiabank Announces Dividend on Outstanding Shares
• Positive Sentiment: Management reassured investors that Mexican operations remain stable with no material impact from local violence — reduces a key geopolitical/operational risk. Scotiabank says Mexico operations stable, no impact from violence
• Neutral Sentiment: Momentum/analyst commentary pieces highlight recent share‑price strength and investor interest; useful context but not new company-specific catalysts. What Makes Bank of Nova Scotia (BNS) a Strong Momentum Stock: Buy Now?
• Neutral Sentiment: Pre-earnings coverage noted consumer stress trends heading into results — background macro risk to monitor but largely priced into recent guidance/quarter. Bank of Nova Scotia earnings on deck amid consumer stress
• Negative Sentiment: Some coverage flagged that revenues were down and provisions for credit losses (PCLs) edged up even as EPS beat — mixed quality of the quarter could limit upside if revenue trends persist. Scotiabank Lodges Big Q1 Earnings Beat, But Revs Lower and PCLs Edged Up

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.