The Bank of Nova Scotia (BNS)

The Bank of Nova Scotia Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for BNS stock have an average target of 72, with a low estimate of 70 and a high estimate of 74. The average target predicts an increase of 41.51% from the current stock price of 50.88.

Analyst Consensus: Sell

Target	Low	Average	Median	High
Price	$70	$72	$74	$74
Change	+37.58%	+41.51%	+45.44%	+45.44%

* Price targets were last updated on Dec 4, 2024.

Analyst Ratings

The average analyst rating for BNS stock from 2 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	1	1
Sell	2	2	2	2	1	1
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Rishi Jaluria RBC Capital	RBC Capital	Hold Maintains $65 → $74	Hold	Maintains	$65 → $74	+45.44%	Dec 4, 2024
Brian Morton Barclays	Barclays	Sell Initiates $70	Sell	Initiates	$70	+37.58%	Mar 20, 2024
Mario Mendonca Scotiabank	Scotiabank	Hold Maintains $68 → $66	Hold	Maintains	$68 → $66	+29.72%	Aug 30, 2023
John Aiken Barclays	Barclays	Sell Maintains $63 → $65	Sell	Maintains	$63 → $65	+27.75%	Aug 21, 2023
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $76 → $73	Hold	Maintains	$76 → $73	+43.47%	May 26, 2023

More Analyst Ratings

Financial Forecast

• Revenue This Year:
  36.10B

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	-	-	-	-	-	36.10B	38.19B	38.09B
Revenue Growth	-9.43%	16.57%	1.24%	-2.15%	1.11%	-	5.80%	-0.26%
EPS	5.30	7.70	8.02	5.72	5.87	7.12	8.15	-
EPS Growth	-20.59%	45.30%	4.18%	-28.75%	2.75%	21.23%	14.40%	-
Forward PE	-	-	-	-	-	10.31	9.01	-
No. Analysts	-	-	-	-	-	17	14	3

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	38.1B	40.9B	39.6B
Avg	36.1B	38.2B	38.1B
Low	34.6B	36.0B	37.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	-	13.4%	3.7%
Avg	-	5.8%	-0.3%
Low	-	-0.2%	-3.2%

EPS Forecast

EPS	2025	2026
High	7.93	8.99
Avg	7.12	8.15
Low	6.38	7.50

EPS Growth

EPS Growth	2025	2026
High	35.0%	26.2%
Avg	21.2%	14.4%
Low	8.6%	5.3%

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.