16:09:29 EST Sun 08 Feb 2026
Enter Symbol
or Name
USA
CA



Bank of Nova Scotia
Symbol BNS
Shares Issued 1,242,460,299
Close 2025-08-28 C$ 85.82
Market Cap C$ 106,627,942,860
Recent Sedar+ Documents

Globe says more upside than downside seen at Scotiabank

2025-08-28 07:52 ET - In the News

The Globe and Mail reports in its Thursday, Aug. 28, edition that a slew of analysts elevated their price targets on Bank of Nova Scotia after its earnings beat. The Globe's Darcy Keith writes in the Eye On Equities column that Canaccord Genuity analyst Matthew Lee reiterated a "buy" recommendation despite some reservations. Mr. Lee gave his share target a $3 boost to $90. Analysts on average target the shares at $86.54. RBC Capital analyst Darko Mihelic raised his price target on Scotiabank to $86 from $80 while reiterating a "sector perform" rating. Mr. Lee believes Scotiabank offers investors "the best asymmetric return profile" of the Canadian banking group -- in other words, upside potential is greater than the downside." Mr. Mihelic says, "We expect earnings growth to improve in 2026 driven by total revenues and lower PCLs rather than strong loan growth." Desjardins Securities analyst Doug Young referred to the results as "slightly positive" overall as he raised his share target to $85 from $79. He is maintaining a "hold" rating on Scotiabank as well. The Globe reported on Aug. 21 that CIBC World Markets analyst Paul Holden continued to rate Bank of Nova Scotia "neutral." The shares could then be had for $78.70.

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