The Bank of Nova Scotia (TSE:BNS) Given Consensus Recommendation of “Hold” by Analysts

Shares of The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) have been assigned an average recommendation of “Hold” from the ten analysts that are presently covering the company, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is C$110.77.

BNS has been the topic of several research reports. Desjardins lifted their price objective on Bank of Nova Scotia from C$108.00 to C$115.00 and gave the company a “hold” rating in a research report on Thursday, May 28th. Raymond James Financial lifted their price objective on Bank of Nova Scotia from C$120.00 to C$121.00 and gave the company an “outperform” rating in a research report on Thursday, May 28th. Royal Bank Of Canada lifted their price objective on Bank of Nova Scotia from C$98.00 to C$117.00 and gave the company a “sector perform” rating in a research report on Thursday, May 28th. Canaccord Genuity Group cut their price objective on Bank of Nova Scotia from C$112.00 to C$111.00 and set a “hold” rating on the stock in a research report on Friday, June 5th. Finally, Canadian Imperial Bank of Commerce lifted their price objective on Bank of Nova Scotia from C$116.00 to C$122.00 and gave the company a “neutral” rating in a research report on Thursday, May 28th.

Bank of Nova Scotia Price Performance

Shares of TSE:BNS opened at C$123.03 on Friday. Bank of Nova Scotia has a 1 year low of C$74.02 and a 1 year high of C$124.14. The company has a market cap of C$150.84 billion, a PE ratio of 16.97, a P/E/G ratio of 1.33 and a beta of 1.32. The stock’s 50-day moving average is C$108.24 and its 200 day moving average is C$103.11.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last announced its quarterly earnings results on Wednesday, May 27th. The bank reported C$2.02 earnings per share (EPS) for the quarter. Bank of Nova Scotia had a return on equity of 11.06% and a net margin of 15.64%.The company had revenue of C$9.85 billion for the quarter. Analysts expect that Bank of Nova Scotia will post 7.1286267 EPS for the current fiscal year.

Bank of Nova Scotia Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 28th. Shareholders of record on Tuesday, April 28th were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Tuesday, April 7th. Bank of Nova Scotia’s payout ratio is presently 60.69%.

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).