Overview
Basic Stats
The share price of The Bank of Nova Scotia as of September 5, 2025 is $63.45 / share. This is an increase of 1.59% from the prior week. The market cap (or net worth) of The Bank of Nova Scotia as of September 5, 2025 is $78,834.11 MM.
The Factor Analysis chart (below right) shows a view of The Bank of Nova Scotia from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
Market Cap | 78,834.11 MM |
EV | |
Shares Out. | 1,242.46 MM |
Earnings Date | |
EPS (TTM) | 5.80 |
Dividend Yield | |
Ex-Dividend Date | 2025-07-02 |
Borrow Rate | 0.29 |
Short Shares Avail. | 3.70 MM |
Short Interest | 25.21 MM |
Short Float | 2.06 % |
Days to Cover | 13.57 days |
Risk Free Rate | 4.22 % |
Price Change (1 yr) | 25.32 % |
Volatility (1 yr) | 0.17 |
Beta | 0.58 |
Sharpe Ratio (1 yr) | 1.22 |
Sortino Ratio (1 yr) | 2.07 |
PE Ratio | |
Price/Book | |
Price/TBV | |
Book/Market | |
EBIT/EV | |
EBIT(3yr avg)/EV | |
ROA | 0.01 |
ROE | 0.09 |
ROIC | 0.02 |
CROIC | 0.01 |
OCROIC | 0.05 |
Implied Volatility | 12.89 % |
Put/Call OI Ratio | 0.61 |
Price Target
The average one-year price target for The Bank of Nova Scotia is $60.43. The forecasts range from a low of $53.12 to a high of $68.09. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for The Bank of Nova Scotia. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
Date | Analyst | Prior | Latest Recommendation |
Action |
---|---|---|---|---|
2023-12-19 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2023-12-14 | TD SECURITIES | Hold | Hold | Maintains |
2023-12-13 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2023-08-30 | CREDIT SUISSE | Neutral | Neutral | Maintains |
2023-08-29 | CREDIT SUISSE | Neutral | Neutral | Maintains |
2023-08-29 | TD SECURITIES | Hold | Hold | Maintains |
2023-08-29 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2023-08-29 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2023-08-28 | TD SECURITIES | Hold | Hold | Maintains |
2023-08-28 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2023-08-28 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2023-06-07 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
2023-06-06 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
2023-05-25 | CREDIT SUISSE | Neutral | Neutral | Maintains |
2023-05-24 | CREDIT SUISSE | Neutral | Neutral | Maintains |
2023-05-24 | TD SECURITIES | Buy | Hold | Downgrade |
2023-05-24 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
2023-05-23 | TD SECURITIES | Buy | Hold | Downgrade |
2023-05-23 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
2023-03-27 | DESJARDINS SECURITIES | Buy | Hold | Downgrade |
2023-03-08 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
2023-03-08 | FUNDAMENTAL RESEARCH CORP | Buy | Buy | Maintains |
2023-03-07 | FUNDAMENTAL RESEARCH CORP | Buy | Buy | Maintains |
2023-02-28 | TD SECURITIES | Buy | Hold | Downgrade |
2023-02-28 | CREDIT SUISSE | Neutral | Neutral | Maintains |
2022-12-14 | Fundamental Research | Buy | Reiterate | |
2022-12-14 | STA Research | Underperform | Maintains | |
2022-12-13 | VERITAS INVESTMENT RESEARCH | Sell | Buy | Upgrade |
2022-12-13 | Fundamental Research | Buy | Maintains | |
2022-12-12 | VERITAS INVESTMENT RESEARCH | Sell | Buy | Upgrade |
2022-11-29 | CIBC Capital Markets | Neutral | Maintains | |
2022-11-24 | STA Research | Underperform | Maintains | |
2022-11-24 | Morningstar Inc. | Buy | Maintains | |
2022-11-18 | National Bank of Canada Financial | 90 | 85 | Downgrade |
2022-11-18 | Keefe Bruyette Woods Capital | 86 | 75 | Downgrade |
2022-10-17 | STA Research | Underperform | Maintains | |
2022-10-04 | STA Research | Underperform | Reiterate | |
2022-09-12 | Cormark Securities | Market Perform | Maintains | |
2022-09-07 | Desjardins Group | Hold | Initiate | |
2022-08-24 | Cormark Securities | 91 | 95 | Upgrade |
2022-08-24 | STA Research | Underperform | Maintains | |
2022-08-24 | National Bank of Canada Financial | Sector Perforn | Maintains | |
2022-08-23 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
2022-08-23 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
2022-08-23 | Canaccord Capital | Buy | Maintains | |
2022-08-22 | DESJARDINS SECURITIES | Buy | Buy | Maintains |
2022-08-22 | CORMARK SECURITIES INC. | Buy | Buy | Maintains |
2022-08-16 | STA Research | Underperform | Maintains | |
2022-07-14 | STIFEL CANADA | Buy | Buy | Maintains |
2022-07-13 | STIFEL CANADA | Buy | Buy | Maintains |
2022-06-24 | STA Research | Underperform | Maintains | |
2022-06-24 | Morningstar | Buy | Initiate | |
2022-05-25 | STA Research | Underperform | Maintains | |
2022-05-25 | CIBC Capital Markets | Neutral | Maintains | |
2022-05-20 | Credit Suisse | Neutral | Initiate | |
2022-04-11 | CIBC Capital Markets | Outperform | Neutral | Downgrade |
2022-03-08 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
2022-03-08 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2022-03-07 | CIBC CAPITAL MARKETS | Outperform | Outperform | Maintains |
2022-03-07 | FUNDAMENTAL RESEARCH CORP | Buy | Buy | Maintains |
2022-03-06 | FUNDAMENTAL RESEARCH CORP | Buy | Buy | Maintains |
2022-03-02 | VERITAS INVESTMENT RESEARCH | Buy | Sell | Downgrade |
2022-03-02 | TD SECURITIES | Buy | Buy | Maintains |
2022-03-01 | TD SECURITIES | Buy | Buy | Maintains |
2022-03-01 | VERITAS INVESTMENT RESEARCH | Buy | Sell | Downgrade |
2022-03-01 | CIBC Capital Markets | Outperform | Maintains | |
2022-02-24 | STA Research | Underperform | Initiate | |
2021-12-07 | Morningstar | Hold | Initiate | |
2021-12-01 | VERITAS INVESTMENT RESEARCH | Underperform | Buy | Upgrade |
2021-12-01 | RBCRoyalBank | Outperform | Maintains | |
2021-11-30 | VERITAS INVESTMENT RESEARCH | Underperform | Buy | Upgrade |
2021-11-30 | CIBC WM | Outperform | Maintains | |
2021-11-26 | Morningstar | Buy | Initiate | |
2021-11-17 | RBCRoyalBank | Outperform | Maintains | |
2021-11-01 | CREDIT SUISSE | Underperform | Neutral | Upgrade |
2021-10-31 | CREDIT SUISSE | Underperform | Neutral | Upgrade |
2021-10-04 | CIBC World Markets | Outperform | Reiterate | |
2021-09-08 | Barclays | Equal Weight | Reiterate | |
2021-08-25 | CIBC World Markets | Outperform | Maintains | |
2021-08-12 | VERITAS INVESTMENT RESEARCH | Underperform | Underperform | Maintains |
2021-08-11 | VERITAS INVESTMENT RESEARCH | Underperform | Underperform | Maintains |
2021-08-04 | Credit Suisse | Neutral | Initiate | |
2021-06-02 | Credit Suisse | Underperform | Neutral | Upgrade |
2021-06-02 | CIBC World Markets | Outperform | Reiterate | |
2021-06-01 | CIBC World Markets | Outperform | Maintains | |
2021-05-20 | CREDIT SUISSE | Underperform | Underperform | Maintains |
2021-05-19 | CREDIT SUISSE | Underperform | Underperform | Maintains |
2021-05-03 | CIBC World Markets | Outperform | Maintains | |
2021-02-25 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2021-02-25 | Cormark Securities | 79 | 80 | Upgrade |
2021-02-24 | BMO Capital Markets | 75 | 80 | Upgrade |
2021-01-08 | Credit Suisse | Neutral | Underperform | Downgrade |
2020-12-14 | BMO Capital Markets | 70 | 75 | Upgrade |
2020-12-02 | Canaccord Genuity | 63.5 | 66.5 | Upgrade |
2020-11-24 | Canaccord Genuity | 59.5 | 63.5 | Upgrade |
2020-09-03 | Fundamental Research | Buy | Initiate | |
2020-08-27 | Credit Suisse | 56 | 55 | Downgrade |
2020-08-21 | Credit Suisse | 59 | 56 | Downgrade |
2020-08-19 | Canaccord Genuity | 60 | 60.5 | Upgrade |
2020-05-27 | Eight Capital | 67 | 68 | Upgrade |
2020-05-20 | Canaccord Genuity | 77 | 53 | Downgrade |
2020-05-13 | B of A Securities | Neutral | Maintains | |
2020-05-11 | Barclays | Overweight | Maintains | |
2020-05-06 | Citigroup | 80 | 56 | Downgrade |
2020-03-20 | TD Securities | Hold | Buy | Upgrade |
2020-03-18 | CFRA | Buy | Maintains | |
2019-12-13 | Credit Suisse | Outperform | Neutral | Downgrade |
2019-09-24 | Bank of America | Neutral | Buy | Upgrade |
2019-09-09 | Citigroup | 85 | 80 | Downgrade |
2019-09-06 | Credit Suisse | 75 | 76 | Upgrade |
2019-09-04 | Eight Capital | 79 | 80 | Upgrade |
2019-08-28 | BMO Capital Markets | 80 | 78 | Downgrade |
2019-08-28 | Credit Suisse | Outperform | Maintains | |
2019-08-28 | BMO Capital | Outperform | Maintains | |
2019-08-14 | Eight Capital | 86 | 79 | Downgrade |
2019-06-27 | Citigroup | 93 | 85 | Downgrade |
2019-02-27 | CIBC World Markets | Outperform | Neutral | Downgrade |
2019-02-27 | Desjardins Securities | 83 | 81 | Downgrade |
2019-02-27 | National Bank Financial | 80 | 78 | Downgrade |
2019-02-27 | BMO Capital Markets | Outperform | Initiate | |
2019-02-27 | TD Securities | Buy | Hold | Downgrade |
2019-01-15 | BMO Capital Markets | Outperform | Initiate | |
2018-12-11 | Desjardins Securities | 85 | 83 | Downgrade |
2018-11-28 | Barclays | 85 | 83 | Downgrade |
2018-11-28 | CIBC World Markets | 88 | 86 | Downgrade |
2018-11-28 | BMO Capital Markets | Outperform | Initiate | |
2018-11-22 | Canaccord Genuity | 82.5 | 77 | Downgrade |
2018-11-16 | Barclays | 90 | 85 | Downgrade |
2018-08-29 | Eight Capital | 93 | 94 | Upgrade |
2018-08-29 | Canaccord Genuity | Buy | Hold | Downgrade |
2018-06-11 | BMO Capital Markets | Outperform | Initiate | |
2018-06-11 | RBC Capital | 95 | 86 | Downgrade |
2018-06-11 | CIBC World Markets | 93 | 88 | Downgrade |
2018-06-05 | Bank of America | Buy | Neutral | Downgrade |
2018-06-01 | Cormark Securities | 87 | 88 | Upgrade |
2018-05-30 | Barclays | 89 | 90 | Upgrade |
2018-03-01 | Credit Suisse | 86 | 87 | Upgrade |
2018-02-28 | Barclays | 87 | 89 | Upgrade |
2018-02-14 | RBC Capital | 91 | 92 | Upgrade |
2018-01-19 | Credit Suisse | 84 | 86 | Upgrade |
2017-12-06 | BMO Capital Markets | Outperform | Reiterate | |
2017-11-17 | Citigroup | 90 | 93 | Upgrade |
2017-11-13 | CIBC World Markets | 87 | 93 | Upgrade |
2017-11-01 | Canaccord Genuity | 88 | 92 | Upgrade |
2017-08-30 | CIBC World Markets | 85 | 87 | Upgrade |
2017-08-11 | Barclays | 86 | 88 | Upgrade |
2017-05-31 | RBC Capital | Outperform | Maintains | |
2017-05-30 | Barclays | Overweight | Maintains | |
2017-05-23 | Barclays | Equal-Weight | Overweight | Upgrade |
2017-03-07 | CIBC World Markets | Neutral | Outperform | Maintains |
2017-03-01 | TD Securities | Action List Buy | Buy | Maintains |
2017-03-01 | Sbank | Outperform | Maintains | |
2017-03-01 | RBC Capital | Outperform | Maintains | |
2017-03-01 | Desjardins Securities | Buy | Maintains | |
2017-02-03 | Sbank | Outperform | Maintains | |
2016-11-29 | Barclays | Equal-Weight | Maintains | |
2016-11-15 | Credit Suisse | Neutral | Maintains | |
2016-11-01 | Bank of America | Buy | Initiate | |
2016-09-21 | Dundee Securities | Buy | Maintains | |
2016-09-21 | Dundee | Buy | Initiate | |
2016-08-31 | Sbank | Outperform | Maintains | |
2016-08-31 | National Bank Financial | Sector Perform | Maintains | |
2016-08-31 | Desjardins Securities | Buy | Maintains | |
2016-08-31 | Canaccord Genuity | Buy | Maintains | |
2016-08-31 | Barclays | Equal Weight | Maintains | |
2016-08-30 | TD Securities | Buy | Maintains | |
2016-08-19 | Barclays | Equal Weight | Maintains | |
2016-08-04 | Desjardins Securities | Buy | Maintains | |
2016-06-09 | Macquarie | Outperform | Neutral | Downgrade |
2016-06-01 | Sbank | Outperform | Maintains | |
2016-03-03 | Sbank | Outperform | Maintains | |
2016-01-27 | Sbank | Outperform | Maintains | |
2016-01-21 | National Bank Financial | Sector Perform | Maintains | |
2015-12-02 | Sbank | Outperform | Maintains | |
2015-12-02 | National Bank Financial | Sector Perform | Maintains | |
2015-08-31 | Sbank | Outperform | Maintains | |
2015-08-31 | National Bank Financial | Sector Perform | Maintains | |
2015-08-31 | BMO Capital Markets | Outperform | Maintains | |
2015-08-31 | RBC Capital | Outperform | Maintains | |
2015-06-01 | Cormark Securities | Market Perform | Buy | Upgrade |
2015-05-20 | Bank of America | Neutral | Underperform | Downgrade |
2015-03-06 | Citigroup | Neutral | Maintains | |
2015-01-26 | CIBC World Markets | Sector Perform | Maintains | |
2014-11-18 | Barclays | Equal Weight | Maintains | |
2014-11-06 | RBC Capital | Outperform | Sector Perform | Downgrade |
2014-11-04 | CIBC | Sector Outperform | Sector Perform | Downgrade |
2014-10-09 | Canaccord Genuity | Buy | Maintains | |
2014-10-02 | TD Securities | Hold | Maintains | |
2014-08-28 | RBC Capital | Outperform | Maintains | |
2014-08-28 | National Bank Financial | Outperform | Maintains | |
2014-08-28 | UBS | Neutral | Maintains | |
2014-08-27 | Credit Suisse | Outperform | Neutral | Downgrade |
2014-08-27 | TD Securities | Buy | Maintains | |
2014-08-19 | KBW | At Market Perform | Maintains | |
2014-08-19 | Barclays | Equal Weight | Maintains | |
2014-08-12 | CIBC World Markets | Sector Outperform | Maintains | |
2014-06-09 | TD Securities | Action Buy List | Maintains | |
2014-05-30 | National Bank Financial | Outperform | Maintains | |
2014-05-30 | CIBC | Sector Perform | Sector Outperform | Upgrade |
2014-05-28 | BMO Capital Markets | Outperform | Maintains | |
2014-05-28 | National Bank Financial | Outperform | Maintains | |
2014-05-28 | RBC Capital | Outperform | Maintains | |
2014-05-28 | Canaccord Genuity | Buy | Maintains | |
2014-05-28 | Barclays | Equal Weight | Maintains | |
2014-05-20 | KBW | At Market Perform | Maintains | |
2014-05-20 | Barclays | Equal Weight | Maintains | |
2014-05-01 | Canaccord Genuity | Buy | Initiate | |
2014-03-17 | Credit Suisse | Outperform | Maintains | |
2014-03-05 | CIBC World Markets | Sector Outperform | Sector Perform | Maintains |
2014-01-31 | Citigroup | Neutral | Maintains | |
2014-01-28 | TD Securities | Action List Buy | Hold | Maintains |
2013-12-09 | CIBC World Markets | Sector Perform | Maintains | |
2013-12-09 | Barclays | Equal Weight | Maintains | |
2013-12-09 | National Bank Financial | Outperform | Sector Perform | Downgrade |
2013-11-25 | KBW | At Market Perform | Maintains | |
2013-11-21 | Barclays | Equal Weight | Maintains | |
2013-10-28 | Credit Suisse | Neutral | Outperform | Upgrade |
2013-10-17 | TD Securities | Buy | Initiate | |
2013-09-27 | National Bank Financial | Outperform | Maintains | |
2013-08-28 | RBC Capital | Outperform | Maintains | |
2013-08-28 | BMO Capital Markets | Outperform | Maintains | |
2013-08-28 | BMO Capital | Outperform | Maintains | |
2013-08-22 | KBW | At Market Perform | Maintains | |
2013-06-18 | Barclays | Overweight | Equal-Weight | Downgrade |
2013-05-30 | Credit Suisse | Neutral | Maintains | |
2013-05-29 | Canaccord Genuity | Buy | Maintains | |
2013-05-29 | Credit Suisse | Neutral | Maintains | |
2013-03-06 | Sbank | Sector Perform | Maintains | |
2013-03-06 | RBC Capital | Outperform | Maintains | |
2013-03-06 | CIBC World Markets | Sector Outperform | Maintains | |
2013-03-06 | BMO Capital | Outperform | Maintains | |
2013-02-20 | Barclays | Equal-Weight | Overweight | Upgrade |
2013-02-11 | Barclays | Equal-Weight | Maintains | |
2013-01-24 | BMO Capital | Outperform | Maintains | |
2012-12-10 | Bank of America | Buy | Maintains | |
2012-12-04 | Citigroup | Neutral | Initiate | |
2012-09-25 | Cormark Securities | Market Perform | Buy | Upgrade |
2012-08-29 | BMO Capital | Outperform | Maintains | |
2012-08-29 | National Bank Financial | Sector Perform | Outperform | Upgrade |
2012-08-29 | Credit Suisse | Outperform | Neutral | Downgrade |
2012-08-28 | Stifel Nicolaus | Hold | Initiate | |
2012-08-07 | Barclays | Underweight | Equal-Weight | Upgrade |
2012-05-30 | Bank oferica | Buy | Maintains | |
2012-05-30 | National Bank Financial | Sector Perform | Maintains | |
2024-08-06 | TD COWEN | Hold | Hold | Maintains |
2024-08-01 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2024-06-05 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2024-03-06 | TD SECURITIES | Hold | Hold | Maintains |
2023-12-18 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2023-12-13 | TD SECURITIES | Hold | Hold | Maintains |
2023-12-12 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2024-12-04 | RBC Capital | Sector Perform | Sector Perform | Maintains |
2025-03-07 | CANACCORD GENUITY | Buy | Buy | Maintains |
2025-03-03 | CIBC CAPITAL MARKETS | Outperform | Neutral | Downgrade |
2025-03-02 | TD COWEN | Buy | Buy | Maintains |
2025-03-02 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2025-02-27 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
2025-02-24 | JEFFERIES | Hold | Hold | Maintains |
2025-01-05 | TD COWEN | Hold | Buy | Upgrade |
2025-01-05 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2025-01-05 | CIBC CAPITAL MARKETS | Neutral | Outperform | Upgrade |
2024-12-06 | CANACCORD GENUITY | Hold | Buy | Upgrade |
2024-10-16 | CANACCORD GENUITY | Hold | Hold | Maintains |
2024-10-16 | TD COWEN | Hold | Hold | Maintains |
2024-09-08 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2025-02-26 | RBC Capital | Sector Perform | Sector Perform | Maintains |
2025-07-01 | JEFFERIES | Hold | Hold | Maintains |
2025-06-08 | CANACCORD GENUITY | Buy | Buy | Maintains |
2025-06-03 | CIBC CAPITAL MARKETS | Neutral | Neutral | Maintains |
2025-06-01 | DESJARDINS SECURITIES | Hold | Hold | Maintains |
2025-05-27 | ARC INDEPENDENT RESEARCH | Buy | Buy | Maintains |
2025-05-26 | TD COWEN | Buy | Buy | Maintains |
2025-08-27 | RBC Capital | Sector Perform | Sector Perform | Maintains |