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

The Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) has been assigned an average recommendation of “Hold” from the ten brokerages that are covering the company, Marketbeat Ratings reports. Nine equities 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$111.54.

BNS has been the topic of a number of recent research reports. TD raised their price target on shares of Bank of Nova Scotia from C$112.00 to C$113.00 and gave the stock a “hold” rating in a research report on Thursday, May 28th. National Bank Financial raised their price target on Bank of Nova Scotia from C$100.00 to C$106.00 and gave the stock a “sector perform” rating in a research report on Friday, May 15th. Raymond James Financial boosted their price target on Bank of Nova Scotia from C$120.00 to C$121.00 and gave the company an “outperform” rating in a research note on Thursday, May 28th. Royal Bank Of Canada upped their price objective on shares of Bank of Nova Scotia from C$98.00 to C$117.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 28th. Finally, Jefferies Financial Group boosted their price objective on shares of Bank of Nova Scotia from C$104.00 to C$105.00 in a research report on Wednesday, May 20th.

Bank of Nova Scotia Stock Performance

Bank of Nova Scotia stock opened at C$124.47 on Tuesday. The stock has a 50-day simple moving average of C$114.93 and a 200 day simple moving average of C$105.89. The stock has a market capitalization of C$152.61 billion, a P/E ratio of 17.17, a PEG ratio of 1.33 and a beta of 1.29. Bank of Nova Scotia has a 52 week low of C$74.34 and a 52 week high of C$124.79.

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

Bank of Nova Scotia Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 29th. Investors of record on Wednesday, July 29th will be issued a $1.14 dividend. This is a boost from Bank of Nova Scotia’s previous quarterly dividend of $1.10. The ex-dividend date is Tuesday, July 7th. This represents a $4.56 dividend on an annualized basis and a yield of 3.7%. Bank of Nova Scotia’s dividend payout ratio (DPR) is 60.69%.

Bank of Nova Scotia Company Profile

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).