The Bank of Nova Scotia (BNS) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 29, 2026
Current Price
$81.39
Price Target
$72.15
Target Range
$67.00 — $75.60
Analyst Rating
Buy
Forward P/E10.0x
Trailing P/E19.9x
Forward PEG7.01
Implied Growth-22.9%
Median Target$73.00
Analyst Spread11.9%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$67
-17.7%
Consensus
$72
-11.4%
Bull Case
$76
-7.1%
Valuation Model TargetsConfidence: 31/100
Bear$232
Base$331
Bull$799
BNS Price Target Analysis
Updated June 5, 2026As of June 5, 2026, The Bank of Nova Scotia (BNS) has a Wall Street consensus price target of $72.15, based on estimates from 19 covering analysts. With the stock currently trading at $81.39, this represents a potential downside of -11.4%. The company has a market capitalization of $99.79B.
Analyst price targets range from a low of $67.00 to a high of $75.60, representing a 12% spread in expectations. The median target of $73.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 10 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 1 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, BNS trades at a trailing P/E of 19.9x and forward P/E of 10.0x. The forward PEG ratio of 7.01 reflects a premium valuation. Analysts expect EPS to grow -22.9% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $331.33, with bear and bull scenarios of $231.93 and $798.75 respectively. Model confidence stands at 31/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Financial Services stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside-1.4%
Avg Forward P/E12.4x
Peers with Coverage10 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 TDThe Toronto-Dominion Bank | $192.2B | $113.75 | $89.52 | -21.3% | Buy | 12.2x | 17 |
 BMOBank of Montreal | $115.7B | $165.21 | $140.00 | -15.3% | Buy | 11.6x | 18 |
 CMCanadian Imperial Bank of Commerce | $101.1B | $109.11 | $106.62 | -2.3% | Hold | 10.8x | 15 |
 RYRoyal Bank of Canada | $272.3B | $194.97 | $124.85 | -36.0% | Hold | 12.5x | 29 |
 BKThe Bank of New York Mellon Corporation | $97.7B | $141.91 | $139.86 | -1.4% | Buy | 16.2x | 29 |
 USBU.S. Bancorp | $86.2B | $55.46 | $63.82 | +15.1% | Hold | 10.9x | 49 |
 JPMJPMorgan Chase & Co. | $838.2B | $310.89 | $338.78 | +9.0% | Buy | 14.0x | 61 |
 BACBank of America Corporation | $412.3B | $54.17 | $61.13 | +12.8% | Buy | 12.1x | 54 |
 CCitigroup Inc. | $236.1B | $135.13 | $140.50 | +4.0% | Buy | 12.4x | 27 |
 WFCWells Fargo & Company | $252.4B | $81.61 | $99.38 | +21.8% | Hold | 11.7x | 60 |
Upside Potential Comparison
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Compare NowBNS — Frequently Asked Questions
Quick answers to the most common questions about buying BNS stock.
What is the BNS stock price target for 2026?
BNS's consensus price target is $72.15, -11.4% below the current price of $81.39. The 19 analysts tracking BNS see downside risk at present valuations.
Is BNS a buy, sell, or hold?
BNS has a consensus rating of "Buy" based on 19 Wall Street analysts. The rating breakdown is predominantly bullish, with 10 Buy/Strong Buy ratings. The consensus 12-month price target of $72.15 implies -11.4% downside from current levels.
Is BNS stock overvalued or undervalued?
With a forward P/E of 10.0196x, BNS trades at a relatively low valuation. The consensus target of $72.15 implies -11.4% move, suggesting the market may be pricing in risks.
How high can BNS stock go?
The most bullish Wall Street analyst has a price target of $75.596 for BNS, while the most conservative target is $67. The consensus of $72.15 represents the median expectation. Our quantitative valuation model projects a bull case target of $799 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover BNS stock?
BNS is well covered by analysts, with 19 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 10 have Buy ratings, 8 recommend Hold, and 1 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the BNS stock forecast?
The 12-month BNS stock forecast based on 19 Wall Street analysts shows a consensus price target of $72.15, with estimates ranging from $67 (bear case) to $75.596 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $331, with bear/bull scenarios of $232/$799.
What is BNS's fair value based on fundamentals?
Our quantitative valuation model calculates BNS's fair value at $331 (base case), with a bear case of $232 and bull case of $799. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 31/100.
What is BNS's forward P/E ratio?
BNS trades at a forward P/E ratio of 10.0x based on next-twelve-months earnings estimates compared to a trailing P/E of 19.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy BNS stock?
Analysts are cautious on BNS, with 1 Sell ratings and a price target of $72.15 (-11.4% from current price). The "Buy" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do BNS price targets vary so much?
BNS analyst price targets range from $67 to $75.596, a 12% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $72.15 consensus represents the middle ground. Our model's $232-$799 range provides an independent fundamental perspective.