12 Month Price Forecast For BNS
Distance to BNS Price Forecasts
BNS Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 3:42 AM UTC
BNS Analyst Ratings & Price Targets
Based on our analysis of 7 Wall Street analysts, BNS has a consensus that is neutral. The median price target is $59.59, with forecasts ranging from $54.08 to $65.09. Currently, there are 7 Buy ratings, 7 Hold ratings, and 0 Sell ratings.
With BNS currently trading at $51.45, the median price forecast suggests a 15.8% upside. The most optimistic forecast comes from at , projecting a 26.5% upside, while at provides the most conservative target, suggesting a 5.1% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
BNS Analyst Consensus
BNS Price Target Range
Latest BNS Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for BNS.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Dec 4, 2024 | RBC Capital | Rishi Jaluria | Sector Perform | Maintains | $74.00 |
| Mar 20, 2024 | Barclays | Brian Morton | Underweight | Initiates | $70.00 |
| Aug 30, 2023 | Scotiabank | Mario Mendonca | Hold | Maintains | $66.00 |
| Aug 21, 2023 | Barclays | John Aiken | Underweight | Maintains | $65.00 |
| May 26, 2023 | RBC Capital | Darko Mihelic | Sector Perform | Maintains | $73.00 |
| May 9, 2023 | Barclays | John Aiken | Underweight | Downgrade | $64.00 |
| Mar 1, 2023 | RBC Capital | Darko Mihelic | Sector Perform | Maintains | $77.00 |
| Aug 24, 2022 | RBC Capital | Darko Mihelic | Sector Perform | Downgrade | $83.00 |
| Jun 2, 2021 | RBC Capital | Darko Mihelic | Outperform | Maintains | $86.00 |
| Mar 2, 2021 | CIBC | Outperformer | Upgrade | $0.00 | |
| May 27, 2020 | RBC Capital | Sector Perform | Maintains | $64.00 | |
| May 13, 2020 | B of A Securities | Neutral | Maintains | $60.00 | |
| May 11, 2020 | Barclays | Overweight | Maintains | $57.00 | |
| Mar 18, 2020 | CFRA | Pauline Bell | Buy | Maintains | $51.00 |
| Dec 13, 2019 | Credit Suisse | Neutral | Downgrade | $0.00 | |
| Sep 24, 2019 | Bank of America | Buy | Upgrade | $0.00 | |
| Sep 24, 2019 | B of A Securities | Buy | Upgrade | $62.00 | |
| Aug 28, 2019 | Credit Suisse | Outperform | Maintains | $75.00 | |
| Aug 28, 2019 | BMO Capital | Outperform | Maintains | $78.00 | |
| Aug 29, 2018 | Canaccord Genuity | Hold | Downgrade | $0.00 |
Stocks Similar to Bank of Nova Scotia-The
The following stocks are similar to Scotiabank based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Bank of Nova Scotia-The (BNS) Financial Data
Bank of Nova Scotia-The has a market capitalization of $70.52B with a P/E ratio of 12.6x. The company generates $20.65B in trailing twelve-month revenue with a 25.4% profit margin.
Revenue growth is +0.9% quarter-over-quarter, while maintaining an operating margin of +32.3% and return on equity of +9.5%.
Valuation Metrics
Growth & Margins
Financial Health
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Bank of Nova Scotia-The (BNS) Company Overview
About Bank of Nova Scotia-The
Provides diverse banking and financial services.
The company operates through multiple segments including Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. It generates revenue by offering a wide range of banking products and financial solutions to individuals and businesses, such as loans, investment services, and insurance products.
Founded in 1832 and headquartered in Toronto, Canada, the Bank of Nova Scotia serves a broad geographic area including Canada, the United States, and Latin America. Its extensive service offerings include retail and business banking solutions, wealth management services, and investment products.
Company Information
Sector
Financial Services
Industry
Banks - Diversified
Employees
89,239
CEO
Mr. L. Scott Thomson
Country
Canada
IPO Year
1999
Website
www.scotiabank.comBank of Nova Scotia-The (BNS) Latest News & Analysis
Bank of Nova Scotia has withdrawn from a global banking sector climate coalition, following the lead of six major U.S. banks.
The Bank of Nova Scotia's exit from the climate coalition signals potential shifts in banking sector priorities, which may impact regulatory scrutiny and investor sentiment toward sustainable practices.
W.P. has cut its dividend payout, highlighting the risk that even traditionally reliable dividend stocks may reduce or eliminate dividends.
Dividend cuts signal potential financial instability, impacting stock prices and investor confidence. Such changes can lead to reevaluation of investment strategies and risk assessments.
In December, an investment of $1,200 in Business Development Companies increased annual dividend income by $131, totaling nearly $1,700 for the year.
The investment in Business Development Companies indicates a focus on income-generating assets, suggesting potential stability and growth in dividend yields, which can attract income-focused investors.
Scotiabank is transferring its operations in Colombia, Costa Rica, and Panama to Davivienda, receiving a 20% stake in the Colombian bank in return.
Scotiabank's divestment and stake in Davivienda signals a strategic shift, potentially impacting its valuation, market presence, and future growth opportunities in Latin America.
BNS will transfer its Latin American banking arms to Davivienda in exchange for a roughly 20% stake, aiming to enhance operational efficiency.
BNS's stake transfer to Davivienda signals strategic divestment, enhancing operational efficiency and potentially improving profitability, influencing investor sentiment and stock performance.
Scotiabank completes $2B investment in KeyCorp
27 days agoScotiabank (TSX:BNS) completed a $2 billion acquisition of a 10% stake in KeyCorp (NYSE:KEY) at $17.17 per share, gaining significant ownership after Federal Reserve approval.
Scotiabank's acquisition of a 10% stake in KeyCorp enhances its influence in the U.S. market, potentially driving future earnings and impacting stock performance for both banks.
Frequently Asked Questions About BNS Stock
What is Bank of Nova Scotia-The's (BNS) stock forecast for 2025?
Based on our analysis of 7 Wall Street analysts, Bank of Nova Scotia-The (BNS) has a median price target of $59.59. The highest price target is $65.09 and the lowest is $54.08.
Is BNS stock a good investment in 2025?
According to current analyst ratings, BNS has 7 Buy ratings, 7 Hold ratings, and 0 Sell ratings. The stock is currently trading at $51.45. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for BNS stock?
Wall Street analysts predict BNS stock could reach $59.59 in the next 12 months. This represents a 15.8% increase from the current price of $51.45. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Bank of Nova Scotia-The's business model?
The company operates through multiple segments including Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets. It generates revenue by offering a wide range of banking products and financial solutions to individuals and businesses, such as loans, investment services, and insurance products.
What is the highest forecasted price for BNS Bank of Nova Scotia-The?
The highest price target for BNS is $65.09 from at , which represents a 26.5% increase from the current price of $51.45.
What is the lowest forecasted price for BNS Bank of Nova Scotia-The?
The lowest price target for BNS is $54.08 from at , which represents a 5.1% increase from the current price of $51.45.
What is the overall BNS consensus from analysts for Bank of Nova Scotia-The?
The overall analyst consensus for BNS is neutral. Out of 7 Wall Street analysts, 7 rate it as Buy, 7 as Hold, and 0 as Sell, with a median price target of $59.59.
How accurate are BNS stock price projections?
Stock price projections, including those for Bank of Nova Scotia-The, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
