On May 20, 2025, analyst Paul Holden from CIBC announced a revision in the price target for Bank of Nova Scotia (BNS, Financial). The price target was raised from CAD 75.00 to CAD 77.00, reflecting a 2.67% increase. This adjustment in the price target aligns with the analyst's current 'Neutral' rating on the stock, which remains unchanged from the previous assessment.
Bank of Nova Scotia (BNS, Financial), known for its extensive operations in the banking sector, continues to hold a 'Neutral' rating according to CIBC's evaluation. The new price target of CAD 77.00 indicates a cautiously optimistic outlook from the analyst, despite maintaining the same rating.
Investors and stakeholders of Bank of Nova Scotia (BNS, Financial) should take note of this development as it offers insight into the company’s market valuation as perceived by CIBC. This update is crucial for those tracking the stock’s performance and evaluating future investment decisions.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 4 analysts, the average target price for Bank of Nova Scotia (BNS, Financial) is $48.18 with a high estimate of $52.31 and a low estimate of $38.99. The average target implies an downside of 7.11% from the current price of $51.87. More detailed estimate data can be found on the Bank of Nova Scotia (BNS) Forecast page.
Based on the consensus recommendation from 2 brokerage firms, Bank of Nova Scotia's (BNS, Financial) average brokerage recommendation is currently 3.5, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Bank of Nova Scotia (BNS, Financial) in one year is $53.27, suggesting a upside of 2.7% from the current price of $51.87. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Bank of Nova Scotia (BNS) Summary page.
