Bank Of Nova Scotia [BNS] stock is trading at $44.60, up 0.09%. An important factor to consider is whether the stock is rising or falling in short-term value. The BNS shares have lost -4.84% over the last week, with a monthly amount drifted -6.71%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bank Of Nova Scotia [NYSE: BNS] stock has seen the most recent analyst activity on March 31, 2025, when BofA Securities downgraded its rating to a Neutral. Previously, CIBC downgraded its rating to Neutral on February 18, 2025. On November 21, 2024, upgrade upgraded it’s rating to Equal Weight. Canaccord Genuity upgraded its rating to a Buy. BofA Securities upgraded its rating to a Buy. UBS upgraded its rating to Buy for this stock on November 18, 2024. In a note dated November 04, 2024, TD Securities upgraded an Buy rating on this stock.
Bank Of Nova Scotia [BNS] stock has fluctuated between $43.67 and $57.07 over the past year. Currently, Wall Street analysts expect the stock to reach $74 within the next 12 months. Bank Of Nova Scotia [NYSE: BNS] shares were valued at $44.60 at the most recent close of the market. An investor can expect a potential return of 65.92% based on the average BNS price forecast.
Analyzing the BNS fundamentals
Bank Of Nova Scotia [NYSE:BNS] reported sales of 54.41B for the trailing twelve months, which represents a drop of -4.94%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.2%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.08 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 43.85 points at the first support level, and at 43.10 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.77, and for the 2nd resistance point, it is at 46.94.
Ratios To Look Out For
For context, Bank Of Nova Scotia’s Current Ratio is 0.61. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 1.08 and price to earnings (TTM) ratio is 12.57.
Transactions by insiders
Recent insider trading involved BANK OF NOVA SCOTIA, Director, that happened on Feb 05 ’25 when 50000.0 shares were purchased.
