The Bank of Nova Scotia

$94.54- (-)1Y +44.89%

As of Oct 28, 2026 close

Market cap: $115.91B
P/E (TTM): 16.20
Forward P/E: 11.00
Dividend yield: 3.42%
52-week range: $63.99$95.74
Volume (live): -
Avg. volume (3M): 1.56M

The Bank of Nova Scotia (BNS) Analyst Forecast

Analyst consensus ratings, 12-month price targets, and expert recommendations for The Bank of Nova Scotia stock.

Analyst Consensus Rating

Investment consensus from 9 professional research analysts

Consensus Rating

Hold

Based on 9 unique analysts

(10 total ratings in last 90 days)

Medium Confidence∞:1 Buy/Sell

Average Price Target

$99.88

+5.65% upside

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Strong Sell

Sell

Hold

Buy

Strong Buy

Latest BNS Analyst Ratings & Recommendations

Recent analyst recommendations with rating changes and price target updates (last 90 days)

Date	Analyst	Firm	Action	Rating	Price Target
Sep 3, 2026	Paul Holden	CIBC	Maintains	Hold	$95.49 → $96.20 +0.71 (+0.7%)
Sep 3, 2026	Matthew Lee	Canaccord Genuity	Maintains	Hold	-
Sep 3, 2026	John Aiken	Jefferies	Maintains	Hold	$83.56 → $84.26 +0.70 (+0.8%)
Sep 2, 2026	Douglas Young	Desjardins	Maintains	Hold	$87.77 → $91.28 +3.51 (+4.0%)
Aug 27, 2026	Brian Morton	Barclays	Maintains	Hold	$91.28
Aug 27, 2026	Darko Mihelic	RBC Capital	Reiterates	Hold	$82.15 → $90.58 +8.43 (+10.3%)
Aug 26, 2026	David Konrad	KBW	Maintains	Buy	$103.92 → $106.73 +2.81 (+2.7%)
Aug 26, 2026	Gabriel Dechaine	National Bank	Upgrades	Buy	$99.71
Aug 25, 2026	Gabriel Dechaine	National Bank	Downgrades	Buy	$142.00
Aug 25, 2026	Stephen Boland	Raymond James	Maintains	Buy	$137.00 → $139.00 +2.00 (+1.5%)

Paul Holden

CIBC

HoldMaintains

$95.49 → $96.20

Sep 3

Matthew Lee

Canaccord Genuity

HoldMaintains

Sep 3

John Aiken

Jefferies

HoldMaintains

$83.56 → $84.26

Sep 3

Douglas Young

Desjardins

HoldMaintains

$87.77 → $91.28

Sep 2

Brian Morton

Barclays

HoldMaintains

$91.28

Aug 27

Darko Mihelic

RBC Capital

HoldReiterates

$82.15 → $90.58

Aug 27

David Konrad

KBW

BuyMaintains

$103.92 → $106.73

Aug 26

Gabriel Dechaine

National Bank

BuyUpgrades

$99.71

Aug 26

Gabriel Dechaine

National Bank

BuyDowngrades

$142.00

Aug 25

Stephen Boland

Raymond James

BuyMaintains

$137.00 → $139.00

Aug 25

Source: Professional analyst ratings and price targets from the last 90 days. Data as of Sep 3, 2026. Data sources and methodology

Frequently Asked Questions

What is the analyst consensus rating for BNS?

The analyst consensus rating for BNS is Hold, based on the latest ratings from 9 analysts over the last 90 days.

What is the average price target for BNS?

The average 12-month price target for BNS is $99.88, representing an upside of 5.6% from the Oct 28, 2026 close of $94.54.

What do analyst ratings mean?

Analyst ratings indicate investment recommendations: Strong Buy and Buy are bullish signals suggesting the stock may outperform. Hold means the stock is fairly valued. Sell and Strong Sell are bearish signals suggesting potential underperformance. These ratings are based on fundamental analysis and valuation models.

What is a price target?

A price target is an analyst's projection of a stock's fair value over a specific timeframe, typically 12 months. Analysts use fundamental analysis, financial modeling, and industry comparisons to estimate where the stock should trade. Price targets can range from low (conservative) to high (optimistic) estimates.