Keefe, Bruyette & Woods Analysts Give Bank of Nova Scotia (TSE:BNS) a C$148.00 Price Target

Keefe, Bruyette & Woods set a C$148.00 target price on Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) in a report issued on Friday morning,BayStreet.CA reports. The firm currently has an outperform rating on the bank’s stock.

BNS has been the subject of several other research reports. Canadian Imperial Bank of Commerce raised their target price on Bank of Nova Scotia from C$122.00 to C$136.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 19th. Desjardins increased their price target on Bank of Nova Scotia from C$115.00 to C$125.00 and gave the stock a “hold” rating in a report on Wednesday, August 5th. National Bank Financial raised their price objective on shares of Bank of Nova Scotia from C$106.00 to C$128.00 and gave the stock a “sector perform” rating in a research report on Thursday, August 13th. Raymond James Financial lifted their price objective on shares of Bank of Nova Scotia from C$121.00 to C$137.00 and gave the company an “outperform” rating in a research note on Wednesday, August 12th. Finally, Jefferies Financial Group boosted their target price on shares of Bank of Nova Scotia from C$112.00 to C$117.00 and gave the company a “hold” rating in a research report on Thursday, August 13th. Two analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, Bank of Nova Scotia currently has an average rating of “Hold” and a consensus price target of C$121.64.

Bank of Nova Scotia Stock Performance

Shares of TSE BNS opened at C$120.57 on Friday. The company’s 50 day moving average price is C$123.14 and its 200-day moving average price is C$110.39. Bank of Nova Scotia has a 52-week low of C$78.74 and a 52-week high of C$127.63. The company has a market capitalization of C$146.99 billion, a P/E ratio of 16.63, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last released its earnings results on Wednesday, May 27th. The bank reported C$2.02 earnings per share (EPS) for the quarter. Bank of Nova Scotia had a net margin of 15.64% and a return on equity of 11.06%. The business had revenue of C$9.85 billion for the quarter. Analysts forecast that Bank of Nova Scotia will post 7.1286267 earnings per share for the current year.

Bank of Nova Scotia Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 29th. Investors of record on Wednesday, July 29th were issued a dividend of $1.14 per share. This represents a $4.56 annualized dividend and a yield of 3.8%. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $1.10. The ex-dividend date was Tuesday, July 7th. Bank of Nova Scotia’s dividend payout ratio is currently 60.69%.

About Bank of Nova Scotia

Scotiabank’s vision is to be our clients’ most trusted financial partner and deliver sustainable, profitable growth. Guided by our purpose: ‘for every future,’ we help our clients, their families and their communities achieve success through a broad range of advice, products, and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With assets of approximately $1.5 trillion (as at January 31, 2026), Scotiabank is one of the largest banks in North America by assets, and trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS).