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

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has received an average recommendation of “Hold” from the eleven analysts that are covering the stock, MarketBeat.com reports. Ten analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$107.77.

BNS has been the topic of a number of research analyst reports. TD upped their target price on Bank of Nova Scotia from C$111.00 to C$112.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Barclays upped their target price on Bank of Nova Scotia from C$106.00 to C$108.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 25th. UBS Group upped their target price on Bank of Nova Scotia from C$118.00 to C$120.00 in a research note on Wednesday, February 25th. Desjardins upped their target price on Bank of Nova Scotia from C$107.00 to C$108.00 and gave the stock a “hold” rating in a research note on Tuesday, May 5th. Finally, Royal Bank Of Canada decreased their target price on Bank of Nova Scotia from C$106.00 to C$98.00 and set a “sector perform” rating on the stock in a research note on Wednesday, March 25th.

Bank of Nova Scotia Stock Performance

TSE:BNS opened at C$110.27 on Monday. Bank of Nova Scotia has a 52-week low of C$70.49 and a 52-week high of C$110.41. The firm has a market cap of C$135.79 billion, a price-to-earnings ratio of 16.36, a PEG ratio of 1.33 and a beta of 1.23. The business’s fifty day moving average is C$101.28 and its 200 day moving average is C$100.48.

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

Bank of Nova Scotia Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 28th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 4.0%. The ex-dividend date was Tuesday, April 7th. Bank of Nova Scotia’s dividend payout ratio is currently 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).