Bank of Nova Scotia - BNS Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: C$89.65
  • Forecasted Upside: 9.63 %
  • Number of Analysts: 11
  • Breakdown:
  • 0 Sell Ratings
  • 8 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
C$81.78
▲ +0.12 (0.15%)

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 C$89.65
▲ +9.63% 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 C$89.65, with a high forecast of C$97.00 and a low forecast of C$84.50. The average price target represents a 9.63% upside from the last price of C$81.78.

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 Hold

The current consensus among 11 investment analysts is to hold stock in Bank of Nova Scotia. This rating has held steady since October 2020, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
2/24/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 6 hold ratings
  • 0 sell ratings
5/25/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 7 hold ratings
  • 0 sell ratings
8/23/2021
  • 0 strong buy ratings
  • 2 buy ratings
  • 8 hold ratings
  • 0 sell ratings
11/21/2021
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
2/19/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
5/20/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
7/19/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 8 hold ratings
  • 0 sell ratings
8/18/2022

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
8/16/2022CIBCLower TargetC$88.00 ➝ C$87.00
8/16/2022National BanksharesLower TargetC$91.00 ➝ C$90.00
8/15/2022BarclaysLower TargetC$86.00 ➝ C$85.00
8/8/2022Keefe, Bruyette & WoodsLower TargetC$97.00 ➝ C$86.00
6/8/2022Fundamental ResearchDowngradeBuy ➝ HoldC$84.50
5/26/2022TD SecuritiesBoost TargetHoldC$88.00 ➝ C$90.00
5/26/2022Canaccord Genuity GroupBoost TargetC$89.00 ➝ C$92.00
5/26/2022CIBCBoost TargetNeutralC$86.00 ➝ C$88.00
5/26/2022CSFBBoost TargetC$88.00 ➝ C$91.00
5/26/2022Stifel NicolausBoost TargetC$95.00 ➝ C$97.00
5/26/2022National BanksharesBoost TargetSector PerformC$90.00 ➝ C$91.00
5/26/2022Royal Bank of CanadaBoost TargetOutperformC$93.00 ➝ C$94.00
5/20/2022Credit Suisse GroupInitiated CoverageHoldC$88.00
5/20/2022CSFBSet TargetNeutralC$88.00
5/17/2022CIBCLower TargetC$94.00 ➝ C$86.00
5/11/2022BarclaysLower TargetEqual WeightC$96.00 ➝ C$84.00
4/11/2022CIBCDowngradeOutperform ➝ NeutralC$105.00 ➝ C$94.00
3/10/2022TD SecuritiesDowngradeBuy ➝ HoldC$100.00
3/9/2022CIBCBoost TargetC$103.00 ➝ C$105.00
3/7/2022Fundamental ResearchLower TargetBuy ➝ BuyC$100.91 ➝ C$97.39
3/2/2022BMO Capital MarketsBoost TargetC$93.00 ➝ C$95.00
3/2/2022CIBCLower TargetOutperformC$105.00 ➝ C$103.00
2/23/2022National BanksharesBoost TargetC$86.00 ➝ C$90.00
2/17/2022Canaccord Genuity GroupBoost TargetC$98.00 ➝ C$100.00
2/17/2022CIBCBoost TargetOutperformC$96.00 ➝ C$105.00
2/15/2022TD SecuritiesBoost TargetC$94.00 ➝ C$100.00
1/19/2022BarclaysBoost TargetEqual WeightC$84.00 ➝ C$96.00
1/5/2022Canaccord Genuity GroupBoost TargetBuyC$89.00 ➝ C$96.00
12/1/2021Royal Bank of CanadaBoost TargetOutperformC$89.00 ➝ C$99.00
12/1/2021TD SecuritiesBoost TargetBuyC$90.00 ➝ C$95.00
11/22/2021CIBCBoost TargetC$90.00 ➝ C$96.00
11/12/2021Veritas Investment ResearchUpgradeReduce ➝ Buy
10/4/2021CIBCReiterated RatingBuyC$90.00
9/8/2021BarclaysReiterated RatingEqual WeightC$86.00 ➝ C$83.00
9/7/2021BarclaysBoost TargetNAC$83.00 ➝ C$86.00
8/25/2021Credit Suisse GroupBoost TargetOutpeformC$84.00
8/25/2021National Bank FinancialBoost TargetSector PerformC$86.00
8/25/2021TD SecuritiesLower TargetBuyC$90.00 ➝ C$87.00
8/25/2021National BanksharesBoost TargetSector PerformC$84.00 ➝ C$86.00
8/25/2021CSFBLower TargetC$85.00 ➝ C$84.00
8/25/2021CIBCReiterated RatingOutperformC$90.00
8/25/2021Royal Bank of CanadaBoost TargetOutperformC$86.00 ➝ C$89.00
8/4/2021Credit Suisse GroupReiterated RatingNeutralC$85.00
8/4/2021CSFBSet TargetNeutralC$85.00
6/23/2021CIBCBoost TargetOutperformC$91.00 ➝ C$92.00
6/7/2021CSFBBoost TargetC$84.00 ➝ C$85.00
6/3/2021CormarkBoost TargetNAC$88.00 ➝ C$93.00
6/2/2021Credit Suisse GroupUpgradeUnderperform ➝ NeutralC$77.00 ➝ C$84.00
6/2/2021National Bank FinancialBoost TargetSector PerformC$84.00
6/2/2021CSFBUpgradeUnderperform ➝ NeutralC$77.00 ➝ C$84.00
6/2/2021National BanksharesBoost TargetSector PerformC$81.00 ➝ C$84.00
6/2/2021BMO Capital MarketsBoost TargetNAC$88.00 ➝ C$93.00
6/2/2021Royal Bank of CanadaBoost TargetOutperformC$84.00 ➝ C$86.00
6/1/2021CIBCReiterated RatingOutperformC$91.00
5/20/2021Credit Suisse GroupBoost TargetUnderperformC$77.00
5/20/2021CSFBBoost TargetC$75.00 ➝ C$77.00
5/20/2021CIBCBoost TargetOutperformC$86.00 ➝ C$91.00
5/18/2021National Bank FinancialBoost TargetSector PerformC$81.00
5/18/2021National BanksharesBoost TargetC$77.00 ➝ C$81.00
5/3/2021CIBCReiterated RatingOutperformC$86.00
3/3/2021Credit Suisse GroupBoost TargetUnderperformC$75.00
3/3/2021CSFBBoost TargetC$71.00 ➝ C$75.00
3/2/2021Fundamental ResearchBoost TargetBuy ➝ BuyC$71.70 ➝ C$79.30
3/2/2021CIBCUpgradeNeutral ➝ OutperformC$83.00 ➝ C$86.00
2/25/2021CormarkBoost TargetC$79.00 ➝ C$80.00
2/24/2021Royal Bank of CanadaBoost TargetOutperformC$77.00 ➝ C$84.00
2/24/2021TD SecuritiesBoost TargetBuyC$79.00 ➝ C$83.00
2/24/2021National Bank FinancialReiterated RatingSector PerformC$70.00 ➝ C$77.00
2/24/2021BMO Capital MarketsBoost TargetC$75.00 ➝ C$80.00
2/24/2021CIBCBoost TargetC$72.00 ➝ C$83.00
1/11/2021National Bank FinancialBoost TargetSector PerformC$68.00 ➝ C$70.00
1/8/2021Credit Suisse GroupDowngradeNeutral ➝ UnderperformC$66.00 ➝ C$64.00
1/8/2021CSFBDowngradeNeutral ➝ UnderperformC$66.00 ➝ C$64.00
12/14/2020BMO Capital MarketsBoost TargetC$70.00 ➝ C$75.00
12/8/2020Fundamental ResearchReiterated RatingBuy ➝ BuyC$66.04 ➝ C$71.70
12/8/2020Royal Bank of CanadaUpgradeSector Perform ➝ OutperformC$71.00 ➝ C$77.00
12/2/2020CIBCBoost TargetNeutralC$70.00 ➝ C$72.00
12/2/2020Royal Bank of CanadaBoost TargetSector PerformC$61.00 ➝ C$71.00
12/2/2020National Bank FinancialBoost TargetSector PerformC$60.00 ➝ C$68.00
11/18/2020National Bank FinancialBoost TargetSector PerformC$57.00 ➝ C$60.00
10/6/2020Bank of AmericaUpgradeNeutral ➝ BuyC$63.00 ➝ C$68.00
9/3/2020Fundamental ResearchReiterated RatingBuyC$66.04
9/1/2020National Bank FinancialLower TargetSector PerformC$58.00 ➝ C$57.00
8/27/2020Credit Suisse GroupLower TargetC$56.00 ➝ C$55.00
8/27/2020CSFBLower TargetC$56.00 ➝ C$55.00
8/26/2020National Bank FinancialLower TargetSector PerformC$58.00 ➝ C$57.00
8/26/2020Royal Bank of CanadaLower TargetSector PerformC$64.00 ➝ C$61.00
8/21/2020Credit Suisse GroupLower TargetC$59.00 ➝ C$56.00
8/21/2020CSFBLower TargetC$59.00 ➝ C$56.00
5/27/2020Eight CapitalBoost TargetC$67.00 ➝ C$68.00
5/27/2020Royal Bank of CanadaBoost TargetSector PerformC$59.00 ➝ C$64.00
5/27/2020TD SecuritiesLower TargetBuyC$66.00 ➝ C$65.00
5/27/2020National Bank FinancialBoost TargetSector PerformC$53.00 ➝ C$56.00
5/22/2020CSFBLower TargetC$66.00 ➝ C$59.00
3/20/2020TD SecuritiesUpgradeHold ➝ BuyC$75.00 ➝ C$66.00
2/26/2020Royal Bank of CanadaBoost TargetSector PerformC$76.00 ➝ C$77.00
2/26/2020BMO Capital MarketsBoost TargetC$78.00 ➝ C$82.00
1/27/2020Royal Bank of CanadaLower TargetSector PerformC$78.00 ➝ C$76.00
1/24/2020National Bank FinancialLower TargetSector PerformC$79.00 ➝ C$77.00
11/27/2019TD SecuritiesLower TargetHoldC$79.00 ➝ C$77.00
11/27/2019Royal Bank of CanadaLower TargetSector PerformC$80.00 ➝ C$78.00
11/22/2019National Bank FinancialBoost TargetSector PerformC$75.00 ➝ C$79.00
11/21/2019CIBCBoost TargetC$77.00 ➝ C$81.00
11/5/2019DesjardinsBoost TargetBuyC$80.00 ➝ C$82.00
9/9/2019CitigroupLower TargetC$85.00 ➝ C$80.00
9/6/2019CSFBBoost TargetC$75.00 ➝ C$76.00
9/4/2019Eight CapitalBoost TargetC$79.00 ➝ C$80.00
8/28/2019National Bank FinancialBoost TargetSector PerformC$74.00 ➝ C$75.00
8/28/2019BMO Capital MarketsLower TargetC$80.00 ➝ C$78.00
8/28/2019Royal Bank of CanadaLower TargetSector PerformC$82.00 ➝ C$80.00
8/14/2019Eight CapitalLower TargetC$86.00 ➝ C$79.00
6/27/2019CitigroupLower TargetC$93.00 ➝ C$85.00
5/29/2019CIBCLower TargetC$81.00 ➝ C$77.00
5/29/2019National Bank FinancialLower TargetSector PerformC$78.00 ➝ C$74.00
5/29/2019TD SecuritiesLower TargetHoldC$80.00 ➝ C$77.00
5/29/2019BMO Capital MarketsLower TargetOutperformC$82.00 ➝ C$80.00
5/16/2019CSFBSet TargetOutperformC$78.00
2/27/2019CIBCDowngradeOutperform ➝ NeutralC$86.00 ➝ C$81.00
2/27/2019DesjardinsLower TargetC$83.00 ➝ C$81.00
2/27/2019National Bank FinancialLower TargetC$80.00 ➝ C$78.00
2/27/2019BMO Capital MarketsReiterated RatingOutperformC$82.00
2/27/2019TD SecuritiesDowngradeBuy ➝ HoldC$84.00 ➝ C$80.00
1/15/2019BMO Capital MarketsReiterated RatingOutperformC$85.00
12/11/2018DesjardinsLower TargetC$85.00 ➝ C$83.00
11/29/2018Royal Bank of CanadaBoost TargetSector PerformC$86.00 ➝ C$88.00
11/28/2018BarclaysLower TargetC$85.00 ➝ C$83.00
11/28/2018CIBCLower TargetC$88.00 ➝ C$86.00
11/28/2018BMO Capital MarketsReiterated RatingOutperformC$85.00
11/28/2018TD SecuritiesLower TargetBuyC$88.00 ➝ C$87.00
11/28/2018National Bank FinancialLower TargetSector PerformC$81.00 ➝ C$80.00
11/16/2018BarclaysLower TargetC$90.00 ➝ C$85.00
8/29/2018Eight CapitalBoost TargetC$93.00 ➝ C$94.00
8/29/2018TD SecuritiesLower TargetBuyC$95.00 ➝ C$90.00
8/29/2018National Bank FinancialLower TargetSector PerformC$85.00 ➝ C$81.00
6/11/2018BMO Capital MarketsReiterated RatingOutperformC$85.00
6/11/2018DesjardinsLower TargetBuyC$91.00 ➝ C$88.00
6/11/2018Royal Bank of CanadaLower TargetOutperform ➝ Sector PerformC$95.00 ➝ C$86.00
6/11/2018CIBCLower TargetC$93.00 ➝ C$88.00
6/8/2018National Bank FinancialDowngradeOutperform Market Weight ➝ Sector Perform Market Weight
6/1/2018CormarkBoost TargetC$87.00 ➝ C$88.00
5/30/2018ScotiabankLower TargetOutperformC$91.00 ➝ C$90.00
5/30/2018BarclaysBoost TargetC$89.00 ➝ C$90.00
3/1/2018CSFBBoost TargetC$86.00 ➝ C$87.00
2/28/2018TD SecuritiesBoost TargetBuyC$92.00 ➝ C$93.00
2/28/2018BMO Capital MarketsSet TargetOutperformC$86.00
2/28/2018ScotiabankBoost TargetOutperformC$91.00 ➝ C$93.00
2/28/2018BarclaysBoost TargetC$87.00 ➝ C$89.00
2/28/2018DesjardinsBoost TargetBuyC$91.00 ➝ C$92.00
2/28/2018Royal Bank of CanadaBoost TargetOutperformC$92.00 ➝ C$95.00
2/14/2018Royal Bank of CanadaBoost TargetC$91.00 ➝ C$92.00
2/2/2018BMO Capital MarketsSet TargetOutperformC$86.00
1/19/2018CSFBBoost TargetC$84.00 ➝ C$86.00
12/6/2017BMO Capital MarketsReiterated RatingOutperformC$86.00
11/29/2017Royal Bank of CanadaBoost TargetOutperformC$87.00 ➝ C$91.00
11/29/2017National Bank FinancialBoost TargetOutperformC$86.00 ➝ C$88.00
11/29/2017ScotiabankLower TargetOutperformC$95.00 ➝ C$94.00
11/29/2017BMO Capital MarketsReiterated RatingOutperformC$85.00
11/17/2017CitigroupBoost TargetC$90.00 ➝ C$93.00
11/13/2017CIBCBoost TargetC$87.00 ➝ C$93.00
8/30/2017ScotiabankLower TargetOutperformC$89.00 ➝ C$88.00
8/30/2017National Bank FinancialBoost TargetOutperformC$85.00 ➝ C$86.00
8/30/2017CIBCBoost TargetC$85.00 ➝ C$87.00
8/30/2017BMO Capital MarketsBoost TargetOutperformC$83.00 ➝ C$85.00
(Data available from 8/19/2017 forward)

News Sentiment Rating

0.11 (Hold)

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
  • 5 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
1/21/2022
  • 4 very positive mentions
  • 6 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/20/2022
  • 4 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/22/2022
  • 5 very positive mentions
  • 5 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
4/21/2022
  • 8 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
5/21/2022
  • 2 very positive mentions
  • 7 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/20/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/20/2022
  • 1 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
8/19/2022

Current Sentiment

  • 1 very positive mentions
  • 8 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
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 in four segments: Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. 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, medium, and large businesses, 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 online, mobile, and telephone banking services. The company operates a network of 954 branches and approximately 3,766 automated banking machines in Canada; and approximately 1,300 branches and a network of contact and support center internationally. The Bank of Nova Scotia was founded in 1832 and is headquartered in Halifax, Canada.
Read More

Today's Range

Now: C$81.78
Low: C$81.47
High: C$81.96

50 Day Range

MA: C$77.42
Low: C$71.71
High: C$83.32

52 Week Range

Now: C$81.78
Low: C$71.21
High: C$95.00

Volume

N/A

Average Volume

4,248,148 shs

Market Capitalization

C$97.59 billion

P/E Ratio

9.90

Dividend Yield

5.04%

Beta

N/A

Frequently Asked Questions

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

The following Wall Street research analysts have issued research reports on Bank of Nova Scotia in the last twelve months: Barclays PLC, BMO Capital Markets, Canaccord Genuity Group Inc., CIBC, Credit Suisse Group AG, CSFB, Fundamental Research, Keefe, Bruyette & Woods, National Bank Financial, National Bankshares, Inc., Royal Bank of Canada, Stifel Nicolaus, TD Securities, and Veritas Investment Research.
View the latest analyst ratings for BNS.

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

13 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 C$89.65, suggesting a possible upside of 9.6%. Stifel Nicolaus has the highest price target set, predicting BNS will reach C$97.00 in the next twelve months. Fundamental Research has the lowest price target set, forecasting a price of C$84.50 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 8 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BNS, but not buy more shares or sell existing shares.
View the latest ratings for BNS.

What other companies compete with Bank of Nova Scotia?

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

Bank of Nova Scotia's physical mailing address is 44 King St W, TORONTO, ON M5H 1H1, Canada. The bank's listed phone number is +1-416-8666161. The official website for Bank of Nova Scotia is www.scotiabank.com. Learn More about contacing Bank of Nova Scotia investor relations.