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

  • Consensus Rating: Buy
  • Consensus Price Target: $90.17
  • Forecasted Upside: 33.46 %
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$67.56
+0.30 (1.20%)

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 $90.17
▲ +33.46% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Bank of Nova Scotia in the last 3 months. The average price target is $90.17, with a high forecast of $99.00 and a low forecast of $84.00. The average price target represents a 33.46% upside from the last price of $67.56.

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 11 investment analysts is to buy stock in 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
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
6/16/2020
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/14/2020
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/13/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 2 hold ratings
  • 0 sell ratings
3/13/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 2 hold ratings
  • 0 sell ratings
6/11/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
9/9/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/8/2021
  • 0 strong buy ratings
  • 8 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/8/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/1/2021Canaccord GenuityBoost Price TargetBuyC$88.00 ➝ C$89.00Low
12/1/2021TD SecuritiesBoost Price TargetBuyC$90.00 ➝ C$95.00Low
12/1/2021Royal Bank of CanadaBoost Price TargetPositive ➝ OutperformC$89.00 ➝ C$99.00High
11/24/2021Canaccord GenuityUpgradeHold ➝ BuyHigh
11/12/2021Veritas Investment ResearchReiterated RatingBuyLow
9/1/2021Fundamental ResearchBoost Price TargetBuy ➝ Buy$85.00 ➝ $87.68Low
8/25/2021Credit Suisse GroupLower Price TargetNeutralC$85.00 ➝ C$84.00Low
8/25/2021TD SecuritiesLower Price TargetBuyC$90.00 ➝ C$87.00Low
8/25/2021National Bank FinancialBoost Price TargetSector Perform$84.00 ➝ $86.00Low
8/25/2021Royal Bank of CanadaBoost Price TargetOutperformC$86.00 ➝ C$89.00Medium
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
(Data available from 12/8/2016 forward)

News Sentiment Rating

0.60 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/12/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/11/2021
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/11/2021
  • 8 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/10/2021
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/9/2021
  • 3 very positive mentions
  • 8 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/9/2021
  • 4 very positive mentions
  • 10 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/8/2021
  • 13 very positive mentions
  • 21 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
12/8/2021

Current Sentiment

  • 13 very positive mentions
  • 21 positive mentions
  • 3 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.
Bank of Nova Scotia logo
The Bank of Nova Scotia engages in the provision of financial products and services, including personal, commercial, corporate, and investment banking. It operates through the following segments: Canadian Banking, International Banking, Global Banking and Markets, and Other. The Other segment includes group treasury, smaller operating segments and business line elimination items. The company was founded on March 30, 1832 and is headquartered in Toronto, Canada.
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Today's Range

Now: $67.56
Low: $67.17
High: $67.97

50 Day Range

MA: $64.97
Low: $61.53
High: $67.56

52 Week Range

Now: $67.56
Low: $52.11
High: $68.02

Volume

1,073,467 shs

Average Volume

1,282,038 shs

Market Capitalization

$82.11 billion

P/E Ratio

11.06

Dividend Yield

4.19%

Beta

0.94

Frequently Asked Questions

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

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

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

10 Wall Street analysts have set twelve-month price targets for Bank of Nova Scotia in the last year. Their average twelve-month price target is $90.17, suggesting a possible upside of 33.9%. Royal Bank of Canada has the highest price target set, predicting BNS will reach $99.00 in the next twelve months. Credit Suisse Group AG has the lowest price target set, forecasting a price of $84.00 for Bank of Nova Scotia in the next year.
View the latest price targets for BNS.

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

Bank of Nova Scotia currently has 3 hold ratings and 8 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 Bank of Nova Scotia.
View the latest ratings for BNS.

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

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) 866-6161 and its investor relations email address is [email protected] The official website for Bank of Nova Scotia is www.scotiabank.com.