Wall Street analyst price targets, ratings consensus & upside potential · Updated Feb 28, 2026
Last 12 months price action with 12-month analyst target path
As of March 1, 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 $75.75, this represents a potential downside of -4.8%. The company has a market capitalization of $93.65B.
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 18.2x and forward P/E of 9.3x. The forward PEG ratio of 6.49 reflects a premium valuation. Analysts expect EPS to grow +30.4% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $299.49, with bear and bull scenarios of $99.04 and $720.15 respectively. Model confidence stands at 27/100, suggesting limited visibility into future performance.
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Start ComparisonWall Street's consensus price target for BNS is $72.15, -4.8% from its current price of $75.75. The below-market target from 19 analysts suggests limited near-term appreciation.
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 -4.8% downside from current levels.
With a forward P/E of 9.288x, BNS trades at a relatively low valuation. The consensus target of $72.15 implies -4.8% move, suggesting the market may be pricing in risks.
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 $720 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
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.
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 $299, with bear/bull scenarios of $99/$720.
Our quantitative valuation model calculates BNS's fair value at $299 (base case), with a bear case of $99 and bull case of $720. 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 27/100.
BNS trades at a forward P/E ratio of 9.3x based on next-twelve-months earnings estimates compared to a trailing P/E of 18.2x. 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.
Analysts are cautious on BNS, with 1 Sell ratings and a price target of $72.15 (-4.8% 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.
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 $99-$720 range provides an independent fundamental perspective.