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

  • Consensus Rating: Buy
  • Consensus Price Target: C$86.44
  • Forecasted Upside: 5.75 %
  • Number of Analysts: 8
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
C$81.74
▲ +0.17 (0.21%)

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$86.44
▲ +5.75% Upside Potential
This price target is based on 8 analysts offering 12 month price targets for The Bank of Nova Scotia in the last 3 months. The average price target is C$86.44, with a high forecast of C$93.00 and a low forecast of C$79.30. The average price target represents a 5.75% upside from the last price of C$81.74.

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 8 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
  • 3 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/29/2020
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/28/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/26/2020
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
1/24/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 2 hold ratings
  • 0 sell ratings
4/24/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 3 hold ratings
  • 0 sell ratings
7/23/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/21/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings
10/21/2021

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/4/2021CIBCReiterated RatingBuyC$90.00
9/8/2021BarclaysReiterated RatingEqual WeightC$86.00 ➝ C$83.00
9/7/2021BarclaysBoost Price TargetNAC$83.00 ➝ C$86.00
8/25/2021Credit Suisse GroupBoost Price TargetOutpeformC$84.00
8/25/2021National Bank FinancialBoost Price TargetSector PerformC$86.00
8/25/2021TD SecuritiesLower Price TargetBuyC$90.00 ➝ C$87.00
8/25/2021National BanksharesBoost Price TargetSector PerformC$84.00 ➝ C$86.00
8/25/2021CSFBLower Price TargetC$85.00 ➝ C$84.00
8/25/2021CIBCReiterated RatingOutperformC$90.00
8/25/2021Royal Bank of CanadaBoost Price TargetOutperformC$86.00 ➝ C$89.00
8/4/2021Credit Suisse GroupReiterated RatingNeutralC$85.00
8/4/2021CSFBSet Price TargetNeutralC$85.00
6/23/2021CIBCBoost Price TargetOutperformC$91.00 ➝ C$92.00
6/7/2021CSFBBoost Price TargetC$84.00 ➝ C$85.00
6/3/2021CormarkBoost Price TargetNAC$88.00 ➝ C$93.00
6/2/2021Credit Suisse GroupUpgradeUnderperform ➝ NeutralC$77.00 ➝ C$84.00
6/2/2021National Bank FinancialBoost Price TargetSector PerformC$84.00
6/2/2021CSFBUpgradeUnderperform ➝ NeutralC$77.00 ➝ C$84.00
6/2/2021National BanksharesBoost Price TargetSector PerformC$81.00 ➝ C$84.00
6/2/2021BMO Capital MarketsBoost Price TargetNAC$88.00 ➝ C$93.00
6/2/2021Canaccord GenuityReiterated RatingNAC$82.00 ➝ C$83.00
6/2/2021Royal Bank of CanadaBoost Price TargetOutperformC$84.00 ➝ C$86.00
6/1/2021CIBCReiterated RatingOutperformC$91.00
5/20/2021Credit Suisse GroupBoost Price TargetUnderperformC$77.00
5/20/2021CSFBBoost Price TargetC$75.00 ➝ C$77.00
5/20/2021CIBCBoost Price TargetOutperformC$86.00 ➝ C$91.00
5/18/2021National Bank FinancialBoost Price TargetSector PerformC$81.00
5/18/2021National BanksharesBoost Price TargetC$77.00 ➝ C$81.00
5/18/2021Canaccord GenuityBoost Price TargetNAC$81.00 ➝ C$82.00
5/3/2021CIBCReiterated RatingOutperformC$86.00
3/3/2021Credit Suisse GroupBoost Price TargetUnderperformC$75.00
3/3/2021CSFBBoost Price TargetC$71.00 ➝ C$75.00
3/2/2021Fundamental ResearchBoost Price TargetBuy ➝ BuyC$71.70 ➝ C$79.30
3/2/2021CIBCUpgradeNeutral ➝ OutperformC$83.00 ➝ C$86.00
2/25/2021CormarkBoost Price TargetC$79.00 ➝ C$80.00
2/25/2021Canaccord GenuityBoost Price TargetC$70.50 ➝ C$77.00
2/24/2021Royal Bank of CanadaBoost Price TargetOutperformC$77.00 ➝ C$84.00
2/24/2021TD SecuritiesBoost Price TargetBuyC$79.00 ➝ C$83.00
2/24/2021National Bank FinancialReiterated RatingSector PerformC$70.00 ➝ C$77.00
2/24/2021BMO Capital MarketsBoost Price TargetC$75.00 ➝ C$80.00
2/24/2021CIBCBoost Price TargetC$72.00 ➝ C$83.00
2/19/2021Canaccord GenuityBoost Price TargetNAC$66.50 ➝ C$70.50
1/11/2021National Bank FinancialBoost Price 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 Price 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
12/2/2020Canaccord GenuityBoost Price TargetC$63.50 ➝ C$66.50
12/2/2020CIBCBoost Price TargetNeutralC$70.00 ➝ C$72.00
12/2/2020Royal Bank of CanadaBoost Price TargetSector PerformC$61.00 ➝ C$71.00
12/2/2020National Bank FinancialBoost Price TargetSector PerformC$60.00 ➝ C$68.00
11/24/2020Canaccord GenuityBoost Price TargetC$59.50 ➝ C$63.50
11/18/2020National Bank FinancialBoost Price 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 Price TargetSector PerformC$58.00 ➝ C$57.00
8/27/2020Credit Suisse GroupLower Price TargetC$56.00 ➝ C$55.00
8/27/2020CSFBLower Price TargetC$56.00 ➝ C$55.00
8/26/2020National Bank FinancialLower Price TargetSector PerformC$58.00 ➝ C$57.00
8/26/2020Royal Bank of CanadaLower Price TargetSector PerformC$64.00 ➝ C$61.00
8/21/2020Credit Suisse GroupLower Price TargetC$59.00 ➝ C$56.00
8/21/2020CSFBLower Price TargetC$59.00 ➝ C$56.00
8/19/2020Canaccord GenuityBoost Price TargetC$60.00 ➝ C$60.50
5/27/2020Eight CapitalBoost Price TargetC$67.00 ➝ C$68.00
5/27/2020Royal Bank of CanadaBoost Price TargetSector PerformC$59.00 ➝ C$64.00
5/27/2020TD SecuritiesLower Price TargetBuyC$66.00 ➝ C$65.00
5/27/2020National Bank FinancialBoost Price TargetSector PerformC$53.00 ➝ C$56.00
5/22/2020CSFBLower Price TargetC$66.00 ➝ C$59.00
3/20/2020TD SecuritiesUpgradeHold ➝ BuyC$75.00 ➝ C$66.00
2/26/2020Royal Bank of CanadaBoost Price TargetSector PerformC$76.00 ➝ C$77.00
2/26/2020BMO Capital MarketsBoost Price TargetC$78.00 ➝ C$82.00
1/27/2020Royal Bank of CanadaLower Price TargetSector PerformC$78.00 ➝ C$76.00
1/24/2020National Bank FinancialLower Price TargetSector PerformC$79.00 ➝ C$77.00
11/27/2019TD SecuritiesLower Price TargetHoldC$79.00 ➝ C$77.00
11/27/2019Royal Bank of CanadaLower Price TargetSector PerformC$80.00 ➝ C$78.00
11/25/2019Canaccord GenuityBoost Price TargetC$74.00 ➝ C$77.00
11/22/2019National Bank FinancialBoost Price TargetSector PerformC$75.00 ➝ C$79.00
11/21/2019CIBCBoost Price TargetC$77.00 ➝ C$81.00
11/5/2019DesjardinsBoost Price TargetBuyC$80.00 ➝ C$82.00
9/9/2019CitigroupLower Price TargetC$85.00 ➝ C$80.00
9/6/2019CSFBBoost Price TargetC$75.00 ➝ C$76.00
9/4/2019Eight CapitalBoost Price TargetC$79.00 ➝ C$80.00
8/28/2019Canaccord GenuityBoost Price TargetHoldC$73.00 ➝ C$74.00
8/28/2019National Bank FinancialBoost Price TargetSector PerformC$74.00 ➝ C$75.00
8/28/2019BMO Capital MarketsLower Price TargetC$80.00 ➝ C$78.00
8/28/2019Royal Bank of CanadaLower Price TargetSector PerformC$82.00 ➝ C$80.00
8/14/2019Eight CapitalLower Price TargetC$86.00 ➝ C$79.00
6/27/2019CitigroupLower Price TargetC$93.00 ➝ C$85.00
5/29/2019CIBCLower Price TargetC$81.00 ➝ C$77.00
5/29/2019National Bank FinancialLower Price TargetSector PerformC$78.00 ➝ C$74.00
5/29/2019TD SecuritiesLower Price TargetHoldC$80.00 ➝ C$77.00
5/29/2019BMO Capital MarketsLower Price TargetOutperformC$82.00 ➝ C$80.00
5/16/2019CSFBSet Price TargetOutperformC$78.00
5/15/2019Canaccord GenuityLower Price TargetC$76.00 ➝ C$74.00
2/27/2019CIBCDowngradeOutperform ➝ NeutralC$86.00 ➝ C$81.00
2/27/2019DesjardinsLower Price TargetC$83.00 ➝ C$81.00
2/27/2019National Bank FinancialLower Price 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 Price TargetC$85.00 ➝ C$83.00
11/29/2018Royal Bank of CanadaBoost Price TargetSector PerformC$86.00 ➝ C$88.00
11/28/2018BarclaysLower Price TargetC$85.00 ➝ C$83.00
11/28/2018CIBCLower Price TargetC$88.00 ➝ C$86.00
11/28/2018BMO Capital MarketsReiterated RatingOutperformC$85.00
11/28/2018TD SecuritiesLower Price TargetBuyC$88.00 ➝ C$87.00
11/28/2018National Bank FinancialLower Price TargetSector PerformC$81.00 ➝ C$80.00
11/22/2018Canaccord GenuityLower Price TargetC$82.50 ➝ C$77.00
11/16/2018BarclaysLower Price TargetC$90.00 ➝ C$85.00
8/29/2018Eight CapitalBoost Price TargetC$93.00 ➝ C$94.00
8/29/2018TD SecuritiesLower Price TargetBuyC$95.00 ➝ C$90.00
8/29/2018National Bank FinancialLower Price TargetSector PerformC$85.00 ➝ C$81.00
6/11/2018BMO Capital MarketsReiterated RatingOutperformC$85.00
6/11/2018DesjardinsLower Price TargetBuyC$91.00 ➝ C$88.00
6/11/2018Royal Bank of CanadaLower Price TargetOutperform ➝ Sector PerformC$95.00 ➝ C$86.00
6/11/2018CIBCLower Price TargetC$93.00 ➝ C$88.00
6/8/2018National Bank FinancialDowngradeOutperform Market Weight ➝ Sector Perform Market Weight
6/1/2018CormarkBoost Price TargetC$87.00 ➝ C$88.00
5/30/2018ScotiabankLower Price TargetOutperformC$91.00 ➝ C$90.00
5/30/2018BarclaysBoost Price TargetC$89.00 ➝ C$90.00
3/1/2018CSFBBoost Price TargetC$86.00 ➝ C$87.00
2/28/2018TD SecuritiesBoost Price TargetBuyC$92.00 ➝ C$93.00
2/28/2018BMO Capital MarketsSet Price TargetOutperformC$86.00
2/28/2018ScotiabankBoost Price TargetOutperformC$91.00 ➝ C$93.00
2/28/2018BarclaysBoost Price TargetC$87.00 ➝ C$89.00
2/28/2018DesjardinsBoost Price TargetBuyC$91.00 ➝ C$92.00
2/28/2018Royal Bank of CanadaBoost Price TargetOutperformC$92.00 ➝ C$95.00
2/14/2018Royal Bank of CanadaBoost Price TargetC$91.00 ➝ C$92.00
2/2/2018BMO Capital MarketsSet Price TargetOutperformC$86.00
1/19/2018CSFBBoost Price TargetC$84.00 ➝ C$86.00
12/6/2017BMO Capital MarketsReiterated RatingOutperformC$86.00
11/29/2017Royal Bank of CanadaBoost Price TargetOutperformC$87.00 ➝ C$91.00
11/29/2017National Bank FinancialBoost Price TargetOutperformC$86.00 ➝ C$88.00
11/29/2017ScotiabankLower Price TargetOutperformC$95.00 ➝ C$94.00
11/29/2017BMO Capital MarketsReiterated RatingOutperformC$85.00
11/17/2017CitigroupBoost Price TargetC$90.00 ➝ C$93.00
11/13/2017CIBCBoost Price TargetC$87.00 ➝ C$93.00
11/1/2017Canaccord GenuityBoost Price TargetC$88.00 ➝ C$92.00
8/30/2017ScotiabankLower Price TargetOutperformC$89.00 ➝ C$88.00
8/30/2017National Bank FinancialBoost Price TargetOutperformC$85.00 ➝ C$86.00
8/30/2017CIBCBoost Price TargetC$85.00 ➝ C$87.00
8/30/2017BMO Capital MarketsBoost Price TargetOutperformC$83.00 ➝ C$85.00
8/11/2017BarclaysBoost Price TargetC$86.00 ➝ C$88.00
5/31/2017ScotiabankBoost Price TargetOutperformC$86.00 ➝ C$89.00
5/31/2017Royal Bank of CanadaBoost Price TargetOutperformC$86.00 ➝ C$87.00
5/30/2017BarclaysBoost Price TargetOverweightC$84.00 ➝ C$86.00
5/23/2017BarclaysUpgradeEqual Weight ➝ Overweight
4/18/2017Royal Bank of CanadaReiterated RatingOutperformC$86.00
3/7/2017CIBCBoost Price TargetNeutral ➝ OutperformC$83.00 ➝ C$86.00
3/1/2017Royal Bank of CanadaLower Price TargetOutperformC$87.00 ➝ C$86.00
3/1/2017TD SecuritiesDowngradeAction List Buy ➝ BuyC$88.00
3/1/2017ScotiabankReiterated RatingOutperformC$89.00
3/1/2017DesjardinsBoost Price TargetBuyC$83.00 ➝ C$86.00
3/1/2017BarclaysBoost Price TargetC$73.00 ➝ C$78.00
2/21/2017Keefe, Bruyette & WoodsBoost Price TargetC$77.00 ➝ C$85.00
2/20/2017National Bank FinancialReiterated RatingOutperform
2/15/2017CIBCBoost Price TargetC$82.00 ➝ C$83.00
2/13/2017BarclaysBoost Price TargetC$68.00 ➝ C$73.00
2/3/2017ScotiabankReiterated RatingOutperformC$90.00
1/30/2017Royal Bank of CanadaBoost Price TargetC$78.00 ➝ C$87.00
1/17/2017CSFBBoost Price TargetC$78.00 ➝ C$80.00
1/13/2017Canaccord GenuityBoost Price TargetC$80.00 ➝ C$84.00
12/22/2016Dundee SecuritiesBoost Price TargetC$83.00 ➝ C$86.00
12/21/2016DesjardinsBoost Price TargetC$80.00 ➝ C$81.00
12/8/2016TD SecuritiesBoost Price TargetC$83.00 ➝ C$87.00
11/30/2016TD SecuritiesBoost Price TargetBuy ➝ Action List BuyC$80.00 ➝ C$83.00
11/30/2016ScotiabankBoost Price TargetOutperformC$81.00 ➝ C$84.00
11/30/2016National Bank FinancialBoost Price TargetC$72.00 ➝ C$75.00
11/30/2016CIBCBoost Price TargetSector PerformC$79.00 ➝ C$80.00
11/30/2016Royal Bank of CanadaBoost Price TargetOutperformC$76.00 ➝ C$78.00
11/30/2016Keefe, Bruyette & WoodsBoost Price TargetC$69.00 ➝ C$77.00
11/29/2016BarclaysBoost Price TargetEqual WeightC$66.00 ➝ C$68.00
11/22/2016Canaccord GenuityBoost Price TargetC$75.00 ➝ C$78.00
11/21/2016BarclaysBoost Price TargetC$63.00 ➝ C$66.00
11/15/2016CSFBReiterated RatingNeutralC$78.00
11/14/2016DesjardinsBoost Price TargetC$73.00 ➝ C$75.00
(Data available from 10/22/2016 forward)

News Sentiment Rating

0.36 (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
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/26/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/25/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/25/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/24/2021
  • 2 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/24/2021
  • 3 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/23/2021
  • 9 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/22/2021
  • 3 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
10/22/2021

Current Sentiment

  • 3 very positive mentions
  • 10 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
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.
Read More

Today's Range

Now: C$81.74
Low: C$81.44
High: C$81.92

50 Day Range

MA: C$78.83
Low: C$76.72
High: C$81.11

52 Week Range

Now: C$81.74
Low: C$53.92
High: C$82.35

Volume

1,070,156 shs

Average Volume

4,045,242 shs

Market Capitalization

C$99.32 billion

P/E Ratio

11.43

Dividend Yield

4.41%

Beta

N/A

Frequently Asked Questions

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

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

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

12 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 C$86.44, suggesting a possible upside of 5.8%. BMO Capital Markets has the highest price target set, predicting BNS will reach C$93.00 in the next twelve months. Fundamental Research has the lowest price target set, forecasting a price of C$79.30 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 4 hold ratings and 4 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.

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 St W, TORONTO, ON M5H 1H1, Canada. The bank's listed phone number is +1-416-8666161. The official website for The Bank of Nova Scotia is www.scotiabank.com.