Analysts raise target for Bank of Nova Scotia stock to CAD 132.71

Published on 10/19/2026 at 09:10 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analysts lift the target to CAD 132.71 from CAD 123.31. Bank of Nova Scotia stock traded at EUR 82.06 on October 19, 2026.

Targets and earnings shape the picture

Analysts lifted the target from CAD 123.31 to CAD 132.71 in October 2026.
Third-quarter 2026 net income reached CAD 2.78 billion, up 21.00 percent year over year.
Bank of Nova Scotia stock traded at EUR 82.06 at 9:07 a.m. CEST at Lang & Schwarz on October 19, 2026.

BNS, CA0641491075, Illustration mit AI erstellt.

Bank of Nova Scotia (ISIN CA0641491075) traded at EUR 82.06 at Lang & Schwarz on October 19, 2026, with investors weighing a higher analyst valuation and the bank's latest earnings profile. Simply Wall St reported that the analyst target rose to CAD 132.71 from CAD 123.31 in October 2026.

Targets move above recent levels

The target revision gives the stock a higher valuation reference in Canadian dollars, although it does not replace the euro quotation used by investors in Germany. The same analysis said stronger modeled revenue growth, lower discount rates and higher expected price-to-earnings multiples supported the revision, while projected profit margins were more cautious.

Bank of Nova Scotia reported third-quarter 2026 net income of CAD 2.78 billion, up 21.00 percent from CAD 2.31 billion in the third quarter of 2025. Revenue reached CAD 9.46 billion, an increase of 12.00 percent, while earnings per share rose to CAD 2.27 from CAD 1.84, according to Simply Wall St in its October 2026 results summary.

What do the latest events change?

The recent record of capital allocation and financing provides the clearest context. On September 22, 2026, Scotiabank priced CAD 750.00 million of Canadian Defence Notes, according to Scotiabank. On October 2, 2026, it amended its normal course issuer bid to repurchase up to 40 million common shares, the same release list shows. On October 18, 2026, Yahoo Finance reported that the bank had raised 3.0 billion through several senior-note offerings.

When is the next report?

The next reporting date is December 2, 2026, according to Simply Wall St. That date will give investors a fresh test of whether the 21.00 percent earnings increase and 12.00 percent revenue growth from the third quarter can support the higher valuation reference.

Euro quote sets the German view

The Bank of Nova Scotia is listed on the Toronto Stock Exchange under BNS and also trades on the New York Stock Exchange, according to Scotiabank. Its market capitalization was USD 111.6 billion as of October 16, 2026. The stock was trading at EUR 82.06 at Lang & Schwarz on October 19, 2026 at 9:07 a.m. CEST. The further course of trading is shown by the continuously updated real-time quote of Bank of Nova Scotia stock.