The Bank of Nova Scotia (BNS)
NYSE: BNS · Real-Time Price · USD
51.90
+0.41 (0.80%)
Nov 1, 2024, 4:00 PM EDT - Market closed

The Bank of Nova Scotia Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for BNS stock has a target of 70, which predicts an increase of 34.87% from the current stock price of 51.90.

Analyst Consensus: Sell
Target Low Average Median High
Price $70 $70 $70 $70
Change +34.87% +34.87% +34.87% +34.87%
* Price targets were last updated on Mar 20, 2024.

Analyst Ratings

According to 1 stock analyst, the rating for BNS is "Sell". This means that the analyst believes this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating May '24Jun '24Jul '24Aug '24Sep '24Oct '24
Strong Buy 000000
Buy 000000
Hold 222220
Sell 222221
Strong Sell 000000
Total 444441

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Barclays
Barclays
Sell
Initiates
$70
Sell Initiates $70 +34.87% Mar 20, 2024
Scotiabank
Scotiabank
Hold
Maintains
$68$66
Hold Maintains $68$66 +27.17% Aug 30, 2023
Barclays
Barclays
Sell
Maintains
$63$65
Sell Maintains $63$65 +25.24% Aug 21, 2023
RBC Capital
RBC Capital
Hold
Maintains
$76$73
Hold Maintains $76$73 +40.66% May 26, 2023
Barclays
Barclays
Sell
Downgrades
$78$64
Sell Downgrades $78$64 +23.31% May 9, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
34.19B
Revenue Next Year
35.98B
from 34.19B
Increased by 5.26%
EPS This Year
6.54
from 5.78
Increased by 13.15%
EPS Next Year
7.04
from 6.54
Increased by 7.78%
Fiscal Year FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Period Ending Oct 31, 2019 Oct 31, 2020 Oct 31, 2021 Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026
Revenue
-----34.19B35.98B38.01B
Revenue Growth
6.57%-9.43%16.57%1.24%-1.84%-5.26%5.63%
EPS
6.675.307.708.025.786.547.047.96
EPS Growth
-2.08%-20.59%45.30%4.18%-28.00%13.15%7.78%13.06%
Forward PE
-----11.0910.299.10
No. Analysts -----171711
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026
High 35.8B 38.7B 41.2B
Avg 34.2B 36.0B 38.0B
Low 32.8B 33.9B 35.1B

Revenue Growth

Revenue Growth 202420252026
High -
13.3%
14.4%
Avg -
5.3%
5.6%
Low -
-0.8%
-2.5%

EPS Forecast

EPS 202420252026
High 6.95 7.83 8.89
Avg 6.54 7.04 7.96
Low 6.22 6.28 7.21

EPS Growth

EPS Growth 202420252026
High
20.3%
19.8%
26.3%
Avg
13.1%
7.8%
13.1%
Low
7.7%
-3.9%
2.4%
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.