Bank of Nova Scotia shares have shown a steady increase over the past week, reflecting positive market sentiment.
This week, Bank of Nova Scotia (BNS.TO) experienced a modest price increase, closing at C$131.63, up 0.08% for the day and 2.12% for the week. Investors are noticing the bank's recent developments and performance metrics, which suggest a strong outlook for the financial institution.
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Bank of Nova Scotia
BNS.TO
BNS.TO
Bank of Nova Scotia
WealthAwesomeMarket cap
$158.44B
P/E
17.0x
Div. yield
3.42%
Div. / share
$4.44
52W high
$131.72
52W low
$85.04
1W change
+2.12%
Beta
1.21
Analyst Price Targets
Based on analyst covering BNS ยท as of Sep 17, 2026
Wall Street analysts forecast BNS stock price to rise 2.2% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$132.86
+2.2% Upside
Current Price
C$129.99
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BNS's historical volatility
30-Day Vol
26.0%
Annualized
90-Day Vol
20.7%
Annualized
Trend (90d)
+29.6%
Annualized drift
90d Mean
C$146.33
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$136.36 | C$124.64 โ C$149.18 |
| 60 trading days | C$141.26 | C$124.40 โ C$160.40 |
| 90 trading days | C$146.33 | C$125.24 โ C$170.97 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: With a significant volume spike and positive price momentum, Bank of Nova Scotia seems well-positioned in the current market, especially after their recent record Q3 results. However, investors should stay cautious due to mixed analyst outlooks.
C$131.63
Bank of Nova Scotia's stock closed at C$131.63, reflecting solid performance amidst increased trading volume.
Bull case
Analysts are optimistic about Bank of Nova Scotia, citing strong fundamentals like a healthy profit margin and return on equity, which indicate potential for continued growth. The recent launch of the Scotia Growth Institute could also boost future performance.
Bear case
Despite the positive trends, some analysts believe the stock is fairly valued, suggesting limited upside potential. Additionally, market volatility could affect the bank's future performance.
Company News and Recent Developments
This week, Bank of Nova Scotia's stock benefited from positive sentiment following the release of record Q3 results. Analysts have pointed out that the stock might be undervalued by as much as 28%, which has sparked increased investor interest. The launch of the Scotia Growth Institute is seen as a strategic move to foster innovation and growth within the bank, potentially enhancing its competitive edge in the financial sector.
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Technical Picture
Bank of Nova Scotia's stock is currently trading above both its 50-day and 200-day moving averages, which are at C$125.10 and C$109.58, respectively. This indicates a strong upward trend, with the current price being about 5.2% above the 50-day MA and 20.1% above the 200-day MA. The stock has a beta of 1.21, suggesting it is slightly more volatile than the broader market. The 52-week range of the stock has been between C$85.04 and C$131.72, indicating that it is currently near the upper end of this range.
Volume Analysis
The trading volume for Bank of Nova Scotia has seen a notable increase, with the latest volume reported at 8,972,094 shares, significantly higher than the 20-day average volume of 3,750,674 shares. This represents a volume increase of 2.39 times the average, indicating strong investor interest and engagement with the stock.
Price Action Summary
As of the last close, Bank of Nova Scotia's stock stood at C$131.63, reflecting a slight increase of 0.08% for the day and a total gain of 2.12% over the past week. This consistent upward movement, along with strong trading volume, suggests that investors are optimistic about the bank's future prospects.
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