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NYSE: BNS
Bank Of Nova Scotia Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for BNS

Based on 2 analysts offering 12 month price targets for Bank Of Nova Scotia.
Min Forecast
$65.00+49.25%
Avg Forecast
$69.00+58.44%
Max Forecast
$73.00+67.62%

Should I buy or sell BNS stock?

Based on 2 analysts offering ratings for Bank Of Nova Scotia.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 50%

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BNS stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
ScotiaBank
HoldMaintains$66.00+51.55%2023-08-30
Barclays
Top 39%
62
Strong SellMaintains$65.00+49.25%2023-08-21
RBC Capital
Bottom 47%
47
HoldMaintains$73.00+67.62%2023-05-26

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Forecast return on equity

Is BNS forecast to generate an efficient return?
Company
14.07%
Industry
17.05%
Market
25.57%
BNS's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is BNS forecast to generate an efficient return on assets?
Company
0.77%
Industry
1.21%
BNS is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

BNS vs Diversified Bank Stocks

TickerPricePrice TargetUp/downsideConsensus
BNS$43.55$69.00+58.44%Sell
BMO$81.64$131.00+60.46%Strong Buy
SMFG$9.84N/AN/A
CM$37.64$62.75+66.71%Hold
NU$7.05$7.85+11.35%Buy
View Top Diversified Bank Stocks

Bank Of Nova Scotia Stock Forecast FAQ

Is Bank Of Nova Scotia Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: BNS) stock is to Sell BNS stock.

Out of 2 analysts, 0 (0%) are recommending BNS as a Strong Buy, 0 (0%) are recommending BNS as a Buy, 1 (50%) are recommending BNS as a Hold, 0 (0%) are recommending BNS as a Sell, and 1 (50%) are recommending BNS as a Strong Sell.

If you're new to stock investing, here's how to buy Bank Of Nova Scotia stock.

What is BNS's forecast return on equity (ROE) for 2023-2023?

(NYSE: BNS) forecast ROE is 14.07%, which is considered weak.

What is BNS's Price Target?

According to 2 Wall Street analysts that have issued a 1 year BNS price target, the average BNS price target is $69.00, with the highest BNS stock price forecast at $73.00 and the lowest BNS stock price forecast at $65.00.

On average, Wall Street analysts predict that Bank Of Nova Scotia's share price could reach $69.00 by Aug 21, 2024. The average Bank Of Nova Scotia stock price prediction forecasts a potential upside of 58.44% from the current BNS share price of $43.55.

What is BNS's forecast return on assets (ROA) for 2023-2023?

(NYSE: BNS) forecast ROA is 0.77%, which is lower than the forecast US Banks - Diversified industry average of 1.21%.
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