NYSE:BNS - The Bank of Nova Scotia Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $83.10
  • Forecasted Upside: 27.64 %
  • Number of Analysts: 10
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 7 Buy Ratings
  • 0 Strong Buy Ratings
$65.11
▲ +0.16 (0.25%)

This chart shows the closing price for BNS by one month, three months, or twelve months.

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Analyst Price Target for BNS

Analyst Price Target is $83.10
▲ +27.64% Upside Potential
This price target is based on 10 analysts offering 12 month price targets for The Bank of Nova Scotia in the last 3 months. The average price target is $83.10, with a high forecast of $93.00 and a low forecast of $66.04. The average price target represents a 27.64% upside from the last price of $65.11.

This chart shows the closing price for BNS for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 10 polled investment analysts is to buy stock in The Bank of Nova Scotia. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart

  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
1/1/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/31/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
6/29/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/27/2020
  • 0 strong buy ratings
  • 6 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/26/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
3/26/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
5/25/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/24/2021

Latest Recommendations

  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
6/23/2021CIBCBoost Price TargetC$91.00 ➝ C$92.00Low
6/8/2021BarclaysUpgradeUnderweight ➝ Equal Weight$82.00 ➝ $87.00Low
6/3/2021DesjardinsBoost Price TargetBuyC$85.00 ➝ C$89.00Low
6/2/2021BMO Capital MarketsBoost Price TargetOutperformC$88.00 ➝ C$93.00Low
6/2/2021Canaccord GenuityBoost Price TargetHoldC$82.00 ➝ C$83.00Low
6/2/2021Royal Bank of CanadaBoost Price TargetOutperformC$84.00 ➝ C$86.00Medium
6/2/2021Credit Suisse GroupUpgradeUnderperform ➝ NeutralC$77.00 ➝ C$84.00Low
5/20/2021CIBCBoost Price TargetOutperformC$86.00 ➝ C$91.00Low
4/21/2021Canaccord GenuityBoost Price TargetHold$77.00 ➝ $81.00Low
3/8/2021CIBCUpgradeNeutral ➝ OutperformerN/A
3/2/2021CIBCUpgradeNeutral ➝ Outperform$83.00 ➝ $86.00Medium
2/25/2021DesjardinsBoost Price TargetBuy$72.00 ➝ $79.00Low
2/24/2021BMO Capital MarketsBoost Price TargetOutperform$75.00 ➝ $80.00Low
2/24/2021Royal Bank of CanadaBoost Price TargetOutperform$77.00 ➝ $84.00Low
2/24/2021TD SecuritiesBoost Price TargetBuy$79.00 ➝ $83.00High
2/24/2021CIBCBoost Price TargetNeutral$83.00High
2/24/2021Canaccord GenuityBoost Price TargetBuy$70.00 ➝ $77.00High
2/16/2021BarclaysBoost Price TargetUnderweight$60.00 ➝ $69.00Low
1/8/2021Credit Suisse GroupDowngradeNeutral ➝ Underperform$66.00 ➝ $64.00Low
12/8/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$71.00 ➝ $77.00Low
12/2/2020Credit Suisse GroupBoost Price TargetNeutral$63.00 ➝ $66.00Medium
12/2/2020Royal Bank of CanadaBoost Price TargetSector Perform$61.00 ➝ $71.00Medium
12/2/2020Canaccord GenuityBoost Price TargetHold$63.50 ➝ $66.50Medium
12/2/2020CIBCBoost Price TargetNeutral$70.00 ➝ $72.00Medium
11/12/2020BarclaysBoost Price TargetUnderweight$53.00 ➝ $54.00Low
10/6/2020Bank of AmericaUpgradeNeutral ➝ Buy$68.00Low
9/2/2020Fundamental ResearchInitiated CoverageBuy$66.04Medium
8/26/2020Credit Suisse GroupLower Price TargetNeutral$56.00 ➝ $55.00Low
8/26/2020Royal Bank of CanadaLower Price TargetPositive ➝ Sector Perform$64.00 ➝ $61.00Medium
8/19/2020Canaccord GenuityReiterated RatingHold$60.50Low
8/19/2020BarclaysDowngradeOverweight ➝ Underweight$59.00 ➝ $53.00Low
7/24/2020CIBCInitiated CoverageNeutralLow
5/27/2020TD SecuritiesLower Price TargetBuy$66.00 ➝ $65.00Low
5/27/2020Royal Bank of CanadaBoost Price TargetSector Perform$59.00 ➝ $64.00High
5/13/2020Bank of AmericaBoost Price TargetNeutral$43.00 ➝ $60.00High
5/11/2020BarclaysLower Price TargetOverweight$62.00 ➝ $57.00Low
3/20/2020TD SecuritiesUpgradeHold ➝ Buy$75.00 ➝ $66.00High
3/18/2020CfraLower Price TargetBuy$60.00 ➝ $51.00High
3/13/2020Bank of AmericaDowngradeBuy ➝ NeutralHigh
3/9/2020BarclaysLower Price TargetOverweight$82.00 ➝ $72.00Medium
2/26/2020BarclaysReiterated RatingBuy$82.00Low
1/27/2020CIBCReiterated RatingHold$79.00Low
1/8/2020CIBCReiterated RatingHoldLow
12/17/2019CitigroupDowngradeBuy ➝ Neutral$80.00Low
12/13/2019Credit Suisse GroupDowngradeOutperform ➝ Neutral$76.00High
11/25/2019Canaccord GenuityReiterated RatingHold$77.00Low
11/21/2019CIBCReiterated RatingHold$81.00Low
11/5/2019DesjardinsBoost Price TargetBuy$80.00 ➝ $82.00Low
9/24/2019Bank of AmericaUpgradeNeutral ➝ Buy$52.00 ➝ $62.00Low
8/28/2019Canaccord GenuityReiterated RatingHoldLow
8/28/2019Credit Suisse GroupBoost Price TargetOutperform$73.00 ➝ $75.00Medium
8/28/2019BMO Capital MarketsLower Price TargetOutperform$80.00 ➝ $78.00Medium
5/30/2019BarclaysReiterated RatingAverage$78.00Low
5/17/2019BarclaysReiterated RatingBuyLow
2/27/2019DesjardinsReiterated RatingBuy ➝ Average$81.00Low
2/27/2019CIBCDowngradeSector Outperform ➝ NeutralLow
2/26/2019TD SecuritiesDowngradeBuy ➝ HoldLow
12/11/2018DesjardinsReiterated RatingBuyLow
12/10/2018TD SecuritiesReiterated RatingBuyLow
11/29/2018Royal Bank of CanadaReiterated RatingHold$88.00Low
11/28/2018TD SecuritiesReiterated RatingBuyLow
11/28/2018BMO Capital MarketsReiterated RatingBuyLow
11/27/2018BarclaysReiterated RatingBuyHigh
11/22/2018Canaccord GenuityReiterated RatingHoldLow
11/19/2018TD SecuritiesReiterated RatingBuyLow
11/16/2018BarclaysReiterated RatingAverage$85.00Low
11/8/2018DesjardinsReiterated RatingAverage$85.00N/A
8/29/2018Canaccord GenuityDowngradeBuy ➝ HoldLow
6/11/2018Royal Bank of CanadaDowngradeOutperform ➝ Sector PerformMedium
6/8/2018DesjardinsReiterated RatingBuyLow
6/8/2018National Bank FinancialDowngradeOutperform ➝ Sector PerformLow
6/5/2018Bank of AmericaDowngradeBuy ➝ NeutralLow
12/5/2017Canaccord GenuityReiterated RatingBuy$93.00Low
11/28/2017Canaccord GenuityReiterated RatingBuy$92.00Low
11/22/2017ScotiabankReiterated RatingBuy$95.00N/A
10/24/2017MacquarieInitiated CoverageOutperformN/A
9/20/2017CitigroupUpgradeNeutral ➝ BuyLow
8/30/2017ScotiabankReiterated RatingBuy$88.00Medium
8/29/2017Canaccord GenuitySet Price TargetBuy$87.00Low
7/18/2017Canaccord GenuityInitiated CoverageBuy ➝ BuyLow
5/31/2017Bank of AmericaBoost Price TargetBuy$81.00 ➝ $85.00Low
5/31/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$86.00 ➝ $87.00Low
5/23/2017BarclaysUpgradeEqual Weight ➝ OverweightLow
5/18/2017National Bank FinancialReiterated RatingOutperform OverweightLow
3/7/2017CIBCUpgradeSector Perform ➝ Sector OutperformN/A
3/1/2017TD SecuritiesDowngradeBuyN/A
12/1/2016BMO Capital MarketsReiterated RatingBuyN/A
11/29/2016TD SecuritiesUpgradeBuyN/A
11/14/2016Credit Suisse GroupReiterated RatingNeutralN/A
11/1/2016Bank of AmericaInitiated CoverageBuyN/A
10/27/2016BarclaysReiterated RatingHoldN/A
9/21/2016Dundee SecuritiesInitiated CoverageBuyN/A
9/1/2016ScotiabankReiterated RatingOutperform$70.00 ➝ $76.00N/A
9/1/2016National Bank FinancialReiterated RatingSector Perform$66.00 ➝ $70.00N/A
9/1/2016DesjardinsReiterated RatingBuy$71.00 ➝ $73.00N/A
9/1/2016Canaccord GenuityReiterated RatingBuy$73.00 ➝ $75.00N/A
9/1/2016BarclaysReiterated RatingEqual Weight$60.00 ➝ $63.00N/A
9/1/2016BMO Capital MarketsReiterated RatingBuyN/A
8/31/2016Royal Bank of CanadaReiterated RatingOutperform$72.00 ➝ $77.00N/A
8/31/2016TD SecuritiesReiterated RatingBuy$70.00 ➝ $74.00N/A
8/31/2016Royal Bank of CanadaBoost Price TargetOutperform$72.00 ➝ $77.00N/A
8/21/2016BarclaysReiterated RatingEqual Weight$55.00 ➝ $60.00N/A
8/4/2016DesjardinsReiterated RatingBuy$70.00 ➝ $71.00N/A
7/6/2016BMO Capital MarketsReiterated RatingBuyN/A
(Data available from 6/24/2016 forward)
The Bank of Nova Scotia logo
The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Banking and Markets, and Global Wealth Management segments. The company offers financial advice and solutions, and day-to-day banking products, including debit and credit cards, chequing and saving accounts, investments, mortgages, loans, and insurance to individuals; and business banking solutions comprising lending, deposit, cash management, and trade finance solutions to small businesses and commercial customers, including automotive financing solutions to dealers and their customers. It also provides wealth management advice and solutions, including online brokerage, mobile investment, full-service brokerage, trust, private banking, and private investment counsel services; and retail mutual funds, exchange traded funds, liquid alternative funds, and institutional funds. In addition, the company offers international banking services for retail, corporate, and commercial customers; and lending and transaction, investment banking advisory, and capital markets access services to corporate customers. Further, it provides Internet, mobile, and telephone banking services. The company operates a network of 952 branches and approximately 3,540 automated banking machines in Canada; and approximately 1,400 branches, 5,200 ATMs, and 22 contact centers internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
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Today's Range

Now: $65.11
Low: $64.61
High: $65.20

50 Day Range

MA: $65.10
Low: $60.81
High: $68.00

52 Week Range

Now: $65.11
Low: $39.56
High: $68.02

Volume

1,105,408 shs

Average Volume

1,417,047 shs

Market Capitalization

$79.02 billion

P/E Ratio

13.71

Dividend Yield

3.16%

Beta

0.94

Frequently Asked Questions

What sell-side analysts currently cover shares of The Bank of Nova Scotia?

The following sell-side analysts have issued research reports on The Bank of Nova Scotia in the last twelve months: Bank of America Co., Barclays PLC, BMO Capital Markets, Canaccord Genuity, CIBC, Credit Suisse Group AG, Desjardins, Fundamental Research, Royal Bank of Canada, TD Securities, and Zacks Investment Research.
View the latest analyst ratings for BNS.

What is the current price target for The Bank of Nova Scotia?

10 Wall Street analysts have set twelve-month price targets for The Bank of Nova Scotia in the last year. Their average twelve-month price target is $83.10, suggesting a possible upside of 28.0%. BMO Capital Markets has the highest price target set, predicting BNS will reach $93.00 in the next twelve months. Fundamental Research has the lowest price target set, forecasting a price of $66.04 for The Bank of Nova Scotia in the next year.
View the latest price targets for BNS.

What is the current consensus analyst rating for The Bank of Nova Scotia?

The Bank of Nova Scotia currently has 3 hold ratings and 7 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe BNS will outperform the market and that investors should add to their positions of The Bank of Nova Scotia.
View the latest ratings for BNS.

What other companies compete with The Bank of Nova Scotia?

How do I contact The Bank of Nova Scotia's investor relations team?

The Bank of Nova Scotia's physical mailing address is 44 KING STREET WEST SCOTIA PLAZA 8TH FL., TORONTO A6, M5H 1H1. The bank's listed phone number is 416-866-3672 and its investor relations email address is [email protected] The official website for The Bank of Nova Scotia is www.scotiabank.com.