Barclays Increases Bank of Nova Scotia (TSE:BNS) Price Target to C$108.00

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price boosted by equities research analysts at Barclays from C$106.00 to C$108.00 in a research report issued on Wednesday,BayStreet.CA reports. The firm currently has an “equal weight” rating on the bank’s stock. Barclays‘s price target points to a potential upside of 2.80% from the stock’s current price.

Other equities analysts have also recently issued research reports about the stock. Canadian Imperial Bank of Commerce increased their price objective on shares of Bank of Nova Scotia from C$103.00 to C$108.00 and gave the stock a “neutral” rating in a research report on Friday, February 13th. 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 research note on Wednesday. Desjardins raised their price target on Bank of Nova Scotia from C$106.00 to C$107.00 and gave the stock a “hold” rating in a research report on Wednesday. Raymond James Financial lifted their price objective on Bank of Nova Scotia from C$114.00 to C$117.00 and gave the company an “outperform” rating in a research note on Wednesday. Finally, Canaccord Genuity Group boosted their price objective on Bank of Nova Scotia from C$112.00 to C$118.00 and gave the company a “buy” rating in a report on Wednesday. Three equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of C$107.42.

Bank of Nova Scotia Trading Up 1.2%

Shares of BNS opened at C$105.06 on Wednesday. The company’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 12-month low of C$62.57 and a 12-month high of C$106.39. 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.

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

Insiders Place Their Bets

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

Key Bank of Nova Scotia News

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.