The Bank of Nova Scotia (BNS)
NYSE: BNS · Real-Time Price · USD
56.30
+0.17 (0.30%)
Nov 20, 2024, 4:00 PM EST - 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 24.33% from the current stock price of 56.30.
Analyst Consensus: Sell
* 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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 0 |
| Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Initiates $70 | Sell | Initiates | $70 | +24.33% | Mar 20, 2024 |
| Scotiabank | Scotiabank | Hold Maintains $68 → $66 | Hold | Maintains | $68 → $66 | +17.23% | Aug 30, 2023 |
| Barclays | Barclays | Sell Maintains $63 → $65 | Sell | Maintains | $63 → $65 | +15.45% | Aug 21, 2023 |
| RBC Capital | RBC Capital | Hold Maintains $76 → $73 | Hold | Maintains | $76 → $73 | +29.66% | May 26, 2023 |
| Barclays | Barclays | Hold → Sell Downgrades $78 → $64 | Hold → Sell | Downgrades | $78 → $64 | +13.68% | May 9, 2023 |
Financial Forecast
Revenue This Year
34.19B
Revenue Next Year
35.98B
from 34.19B
Increased by 5.26%
EPS This Year
6.56
from 5.78
Increased by 13.52%
EPS Next Year
7.09
from 6.56
Increased by 8.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 35.8B | 38.7B | 41.2B |
| Avg | 34.2B | 36.0B | 38.1B |
| Low | 32.8B | 33.9B | 35.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | 13.3% | 14.4% |
| Avg | - | 5.3% | 5.9% |
| Low | - | -0.8% | -2.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.94 | 7.93 | 9.03 |
| Avg | 6.56 | 7.09 | 8.17 |
| Low | 6.27 | 6.38 | 7.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 20.1% | 20.9% | 27.3% |
| Avg | 13.5% | 8.2% | 15.2% |
| Low | 8.5% | -2.7% | 2.9% |
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.