Stock Price & Analysis

Buy BNS stock as it has strong fundamentals with an 81% rating from Validea's Multi-Factor Investor model and positive momentum. The stock is undervalued with a low RSI of 38.52, indicating potential for upside.

The price prediction for BNS Stock in 2025 is $55 per share, driven by strong dividend growth and strategic expansions in key markets. The stock's current price of $48.29, combined with its high net payout yields and low volatility, supports this bullish outlook. Analysts expect BNS to outperform due to its focus on high-growth regions and improved operational efficiency.

The S1 support level for BNS Stock is $46.69 ,The R1 resistant level for BNS Stock is $48.92.

As of the end of day on 2025-04-01, the price of BNS Stock was $46.87.

The target price for BNS Stock according to analyst rating is 55.34, with the highest price target at 57.28 and the lowest at 52.39. Analysts have a Moderate Buy rating on BNS Stock overall.

The market cap of BNS is $58.4B.

Analysis and Insights

Valuation Metrics:

BNS's valuation metrics show a mixed picture. The stock's PE ratio has increased significantly, reaching 15.31 in Q1 2025, up from 9.82 in Q1 2024, indicating a higher price relative to earnings. The EV/EBITDA ratio has also risen, suggesting a richer valuation. However, the PS ratio remains moderate at 2.37, and the PB ratio is 2.41, indicating the stock is trading above its book value but not excessively so.

Dividend Yield and Sentiment:

BNS offers a strong dividend yield of 6.1%, making it attractive for income investors. Recent news highlights BNS's high rating from Validea's Multi-Factor Investor model, emphasizing its low volatility and momentum, which supports its valuation. Additionally, BNS is positioned as a better option for income investors compared to AGNC Investment, with potential for future dividend increases.

Recent Business Developments:

The launch of the Scotiabank Passport Visa Infinite Privilege Card enhances BNS's revenue streams through travel rewards and benefits, appealing to high-value customers. This strategic move aligns with BNS's focus on improving its product offerings and customer experience.

Conclusion:

While BNS's valuation metrics have increased, the stock is not significantly overvalued given its strong fundamentals, improving operations, and positive analyst sentiment. The attractive dividend yield and strategic initiatives further support its current valuation.

The Bank of Nova Scotia (the Bank) is a Canadian chartered bank. The Bank's segments include Canadian Banking, International Banking, Global Wealth Management, Global Banking and Markets, and Other. The Canadian Banking segment provides a full suite of financial advice and banking solutions. The International Banking segment is a diverse franchise offering financial advice and solutions to retail, corporate and commercial clients. The Global Wealth Management segment is focused on delivering comprehensive wealth management advice and solutions to clients across the Bank's footprint. The Global Wealth Management segment serves investment fund and advisory clients across 13 countries. The Global Banking and Markets segment provides corporate clients with lending and transaction services, investment banking advice and access to capital markets. The Other segment includes Group Treasury, smaller operating segments and corporate items which are not allocated to a business line.

The price prediction for BNS Stock by 2030 is approximately $73 per share. This forecast is based on expected consistent dividend growth and potential market expansion. BNS is likely to benefit from a favorable interest rate environment and increased profitability in its core banking operations.

BNS has a total of 88488 employees.