The Bank of Nova Scotia (TSX:BNS)
109.45
-0.63 (-0.57%)
May 29, 2026, 12:24 PM EST
The Bank of Nova Scotia Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, The Bank of Nova Scotia stock has a consensus rating of "Hold" and an average price target of $112.07. The average 1-year stock price forecast is 2.40% higher than the current stock price, while the lowest is $92.00 (-15.94%) and the highest is $122.00 (+11.47%).
Price Target: $112.07 (+2.40%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for The Bank of Nova Scotia stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 8 | 11 | 10 | 10 |
| Sell | 2 | 2 | 2 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 15 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Maintains $105.00 | Hold | Maintains | $105.00 | -4.06% | May 21, 2026 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains n/a | Hold | Maintains | n/a | n/a | May 21, 2026 |
| Bank of America Securities | Bank of America Securities | Hold Maintains $112.00 → $114.00 | Hold | Maintains | $112.00 → $114.00 | +4.16% | May 19, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $98.00 | Hold | Maintains | $98.00 | -10.46% | May 13, 2026 |
| Raymond James | Raymond James | Buy Maintains $117.00 → $120.00 | Buy | Maintains | $117.00 → $120.00 | +9.64% | May 12, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.