Bank of Nova Scotia (TSE:BNS) Stock Price Expected to Rise, Raymond James Financial Analyst Says

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price raised by research analysts at Raymond James Financial from C$114.00 to C$117.00 in a research note issued to investors on Wednesday,BayStreet.CA reports. The brokerage presently has an “outperform” rating on the bank’s stock. Raymond James Financial’s target price points to a potential upside of 11.36% from the stock’s previous close.

A number of other equities analysts have also recently weighed in on BNS. BMO Capital Markets upped their price target on Bank of Nova Scotia from C$98.00 to C$101.00 and gave the stock a “market perform” rating in a report on Wednesday. Desjardins increased their target price 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. Jefferies Financial Group upped their price objective on Bank of Nova Scotia from C$97.00 to C$104.00 in a research note on Wednesday, February 11th. Canaccord Genuity Group raised their price target on Bank of Nova Scotia from C$106.00 to C$112.00 and gave the company a “buy” rating in a report on Thursday, February 12th. Finally, Barclays increased their target price on shares of Bank of Nova Scotia from C$97.00 to C$106.00 in a research note on Thursday, February 19th. Three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$107.42.

Bank of Nova Scotia Stock Performance

Shares of TSE BNS opened at C$105.06 on Wednesday. The firm has a market cap of C$129.89 billion, a P/E ratio of 18.53, a price-to-earnings-growth ratio of 1.33 and a beta of 1.33. The firm’s 50 day moving average price is C$102.46 and its 200 day moving average price is C$94.65. Bank of Nova Scotia has a 1 year low of C$62.57 and a 1 year high of C$106.39.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last posted its quarterly earnings results on Tuesday, December 2nd. The bank reported C$1.93 earnings per share for the quarter. The company 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%. As a group, equities analysts predict that Bank of Nova Scotia will post 7.1286267 EPS for the current year.

Insider Buying and Selling at Bank of Nova Scotia

In other news, insider Julie Walsh sold 3,716 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of C$100.62, for a total transaction of C$373,903.92. Following the completion of the sale, the insider owned 1,430 shares in the company, valued at C$143,886.60. The trade was a 72.21% decrease in their ownership of the stock. 0.03% of the stock is currently owned by corporate insiders.

Trending Headlines about Bank of Nova Scotia

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

• Positive Sentiment: UBS raised its price target to C$120 (from C$118), implying roughly +15% upside vs the current price — a sizable uplift that reinforces buy-side momentum. BayStreet.CA
• Positive Sentiment: Canaccord Genuity upgraded/raised its target to C$118 and carries a Buy rating, signalling strong analyst conviction and another double-digit upside estimate. BayStreet.CA
• Positive Sentiment: Raymond James lifted its target to C$117 and kept an Outperform rating — another large upside projection supporting continued bullish sentiment. BayStreet.CA TickerReport
• Positive Sentiment: TD Cowen (reported via TipRanks) maintained a Buy rating with a C$112 target, citing medium‑term EPS growth and capital strength — a supportive analyst view even as near‑term loan trends remain mixed. TipRanks
• Positive Sentiment: Barclays nudged its target to C$108 (from C$106) while keeping an equal-weight rating — a modest uplift that helps lift consensus targets. BayStreet.CA TickerReport
• Positive Sentiment: RBC Capital Markets raised its target to C$106 (from C$97); the bump from a major Canadian bank adds credibility to the upward revisions. Yahoo Finance: RBC Raise
• Neutral Sentiment: Desjardins increased its target slightly to C$107 but kept a Hold rating — a small positive signal but limited immediate impact given the Hold stance. BayStreet.CA
• Negative Sentiment: BMO raised its target to C$101 but kept a Market Perform rating; that level implies a small downside vs the current price, which may moderate upside expectations. BayStreet.CA
• Negative Sentiment: National Bank lowered its target to C$100 and kept a Sector Perform rating — the cut is a direct negative to consensus target levels and could cap short‑term gains. BayStreet.CA

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.