National Bank Financial Has Lowered Expectations for Bank of Nova Scotia (TSE:BNS) Stock Price

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price cut by National Bank Financial from C$102.00 to C$100.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The firm currently has a “sector perform” rating on the bank’s stock. National Bank Financial’s price target would suggest a potential downside of 4.82% from the stock’s previous close.

Several other research firms have also recently weighed in on BNS. BMO Capital Markets upped their price objective 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 report on Wednesday. Canaccord Genuity Group increased their price target on shares of Bank of Nova Scotia from C$106.00 to C$112.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Canadian Imperial Bank of Commerce raised their price objective on shares of Bank of Nova Scotia from C$103.00 to C$108.00 and gave the company a “neutral” rating in a research report on Friday, February 13th. Raymond James Financial lifted their price objective on shares of Bank of Nova Scotia from C$114.00 to C$117.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Desjardins increased their target price on Bank of Nova Scotia from C$104.00 to C$106.00 and gave the company a “hold” rating in a research note on Monday, February 9th. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of C$107.42.

Bank of Nova Scotia Stock Up 1.2%

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 company’s 50 day moving average is C$102.46 and its 200-day moving average 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.

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

Insider Buying and Selling

In related news, insider Julie Walsh sold 3,716 shares of the stock in a transaction dated 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 completion of the transaction, the insider directly owned 1,430 shares of the company’s stock, valued at C$143,886.60. This represents a 72.21% decrease in their ownership of the stock. Company insiders own 0.03% of the company’s stock.

Key Headlines Impacting 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.