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Bank of Nova Scotia has a consensus price target of $68.5 based on the ratings of 4 analysts. The high is $73 issued by RBC Capital on May 26, 2023. The low is $65 issued by Barclays on August 21, 2023. The 3 most-recent analyst ratings were released by Barclays, Scotiabank, and Barclays on March 20, 2024, August 30, 2023, and August 21, 2023, respectively. With an average price target of $67 between Barclays, Scotiabank, and Barclays, there's an implied 24.24% 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 Barclays on March 20, 2024. The analyst firm set a price target for $70.00 expecting BNS to rise to within 12 months (a possible 29.80% upside). 1 analyst firms have reported ratings in the last year.
The latest analyst rating for Bank of Nova Scotia (NYSE:BNS) was provided by Barclays, and Bank of Nova Scotia initiated their underweight 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 March 20, 2024 so you should expect the next rating to be made available sometime around March 20, 2025.
While ratings are subjective and will change, the latest Bank of Nova Scotia (BNS) rating was a initiated with a price target of $0.00 to $70.00. The current price Bank of Nova Scotia (BNS) is trading at is $53.93, which is within the analyst’s predicted range.
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