Bank of Nova Scotia (BNS.TO) Buy, Sell or Hold

Home

Daily Stock Opinions and Ratings

Bank of Nova Scotia (BNS.TO)

127.80

+0.51 (0.40%)

as of Sep 10, 2026, 5:26:15 pm Market Open.

2151 watching

Investor Insights

Sep 10, 2026, 12:00 am

This summary was created by AI, based on 23 opinions in the last 12 months.

The Bank of Nova Scotia (BNS) has received mixed reviews from experts, with some highlighting its relatively cheap valuation compared to peers like Royal Bank of Canada (RY). Concerns include a troubled management transition and reduced growth prospects, particularly in the Caribbean market. Despite noting a strong capital base and a decent dividend yield, opinions diverge on its ability to catch up with competitors. Analysts appreciate BNS's international presence and potential for future earnings growth, although the stock has lagged behind other Canadian banks in performance. Overall, while some analysts remain bullish due to its valuation and dividend yield, others suggest caution amid a competitive banking environment and existing credit quality issues.

Consensus

Mixed

Valuation

Undervalued

Similar

HOLD

Diversified geographically. Big operation in Latin America. Would prefer Toronto Dominion (TD-T) or CIBC (CM-T).

BUY

Likes the banks. The summer selloff has created a little bit of an opportunity in banks and this one is typical. Banks have been consolidating for the last few weeks. Thinks you will see a breakout and they will get back to the April/May highs.

BUY

This and all the Cdn banks have traded sideways for the last few months. Good yield in excess of 4%. Very reasonable multiple. Good entry level.

TOP PICK

Earnings today ahead of his expectations. Has always been a core position for him. Buy it for its consistency. Thinks the premium is relatively modest given the consistency and the credit discipline they have exhibited. Canada’s most internationally diversified bank except in Europe.

BUY

Overseas they do a very good job. They have always been very good at it. It has pulled back some and this is an entry level. 4% dividend, 15% if it goes back to where it was 6 weeks ago. Relatively low risk.

PAST TOP PICK

(A Top Pick May 20/11. Down 10.03%.) Believes this is down because of worries about Europe. Also, they issued $1 billion plus of new equity in order to help buy the bank in Colombia. This is the bank with the most international exposure. Still likes.

DON'T BUY

He has avoided it because of the volatility from South America and Caribbean. If Europe implodes, the Canadian banks should sell off.

BUY ON WEAKNESS

BNS-T All banks are around fundamental value, his model price. His model price is $50.63, a negative 2%. He would try to buy this at around the $49 level which is a major support for him.

COMMENT

All the Canadian banks have done a great job of managing risks. This one has moved into emerging markets and has done a very good job. His issue longer-term is that Canadian banks are fairly valued and not cheap by any means but you're getting a fairly good yield and they continue to do well.

BUY

With the bank stocks, you don't have to be as critical with your timing. You are getting paid to hold the stock with a very decent yield. This one is over 4% as most of the other banks are. Getting pretty close to the level where the stock stalled last summer. Not looking for a tremendous upside from here but with the 4%-5% growth, plus the yield that is a pretty decent return.

WAIT

A good stock on the charts. Usually banks do well from Feb until reporting of second quarter results at the end of May. During last two weeks we saw all the banks show signs of rolling over. Lots of banks broke short-term support levels in the last two weeks so the season has ended earlier this year.

BUY

Terrific, well run, long-term buy-and-hold kind of bank. Pays a decent dividend. If you held this for 10 years, he would guess that between the dividend and the price appreciation, you'll make on average 11%-12% a year.

DON'T BUY

Canadian banks tend to peak in mid April, just when the US banks tend to peak. From October until April there is about a 12% run. Not excited about the prospects of financials from this point. He's looking for this one to get at about $48.

HOLD

Like the other banks, has had a wonderful run up, ran out of steam a little in the middle of 2011 and developed a down trend line. Now it is in a slightly positive up trend but there is a Top formation on the chart that really bothers him. If you own, put in a stop/loss at around $50. If it moves up, continue to raise your stop/loss.

BUY

Feels that in large part of the tremendous growth of the banks is behind them. You are looking at much more moderate growth. 8%-9% in terms of earnings. Banks are trading at 11-12 times earnings.

Showing 811 to 825 of 1,691 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

CNBC

Gordon Reid

GoodReid Investment Counsel

Eric Nuttall

Ninepoint Partners

Wealthica The ultimate 360° Tracker Your financial life in one place, automatically

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at : [email protected].

Bank of Nova Scotia (BNS.TO)