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Bank of Nova Scotia has a consensus price target of $69.6 based on the ratings of 5 analysts. The high is $74 issued by RBC Capital on December 4, 2024. The low is $65 issued by Barclays on August 21, 2023. The 3 most-recent analyst ratings were released by RBC Capital, Barclays, and Scotiabank on December 4, 2024, March 20, 2024, and August 30, 2023, respectively. With an average price target of $70 between RBC Capital, Barclays, and Scotiabank, there's an implied 35.10% upside for Bank of Nova Scotia from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Bank of Nova Scotia (NYSE:BNS) was reported by RBC Capital on December 4, 2024. The analyst firm set a price target for $74.00 expecting BNS to rise to within 12 months (a possible 42.82% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Bank of Nova Scotia (NYSE:BNS) was provided by RBC Capital, and Bank of Nova Scotia maintained their sector perform rating.
There is no last upgrade for Bank of Nova Scotia
The last downgrade for Bank of Nova Scotia happened on May 9, 2023 when Barclays changed their price target from $78 to $64 for Bank of Nova Scotia.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Bank of Nova Scotia, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Bank of Nova Scotia was filed on December 4, 2024 so you should expect the next rating to be made available sometime around December 4, 2025.
While ratings are subjective and will change, the latest Bank of Nova Scotia (BNS) rating was a maintained with a price target of $65.00 to $74.00. The current price Bank of Nova Scotia (BNS) is trading at is $51.81, which is out of the analyst’s predicted range.
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