Bank of Nova Scotia (TSE:BNS) Given New C$130.00 Price Target at Barclays

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) had its target price increased by investment analysts at Barclays from C$110.00 to C$130.00 in a report issued on Friday,BayStreet.CA reports. Barclays‘s price objective indicates a potential upside of 7.62% from the company’s previous close.

BNS has been the topic of a number of other reports. Raymond James Financial raised their price target on shares of Bank of Nova Scotia from C$121.00 to C$137.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Canadian Imperial Bank of Commerce increased their target price on shares of Bank of Nova Scotia from C$122.00 to C$136.00 and gave the company a “neutral” rating in a research report on Wednesday. TD raised their target price on shares of Bank of Nova Scotia from C$113.00 to C$124.00 and gave the company a “hold” rating in a research note on Wednesday, August 12th. Royal Bank Of Canada raised their target price on shares of Bank of Nova Scotia from C$98.00 to C$117.00 and gave the company a “sector perform” rating in a research note on Thursday, May 28th. Finally, National Bank Financial lifted their price target 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 report on Thursday, August 13th. Two research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Bank of Nova Scotia has an average rating of “Hold” and an average target price of C$121.64.

Bank of Nova Scotia Trading Up 1.2%

Shares of BNS traded up C$1.43 during trading hours on Friday, hitting C$120.79. The company had a trading volume of 683,017 shares, compared to its average volume of 4,153,325. The company has a market capitalization of C$147.25 billion, a PE ratio of 16.66, a price-to-earnings-growth ratio of 1.33 and a beta of 1.30. Bank of Nova Scotia has a one year low of C$78.74 and a one year high of C$127.63. The company’s fifty day moving average price is C$123.08 and its two-hundred day moving average price is C$110.26.

Bank of Nova Scotia (TSE:BNS) (NYSE:BNS) last issued its quarterly earnings data on Wednesday, May 27th. The bank reported C$2.02 earnings per share for the quarter. Bank of Nova Scotia had a return on equity of 11.06% and a net margin of 15.64%.The company 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 Company Profile

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).