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

Home

Daily Stock Opinions and Ratings

Bank of Nova Scotia (BNS.TO)

121.89

-0.79 (0.64%)

as of Jul 28, 2026, 1:46:03 pm Market Open.

2153 watching

Investor Insights

Jul 28, 2026, 12:00 am

This summary was created by AI, based on 30 opinions in the last 12 months.

The Bank of Nova Scotia (BNS) presents a mixed outlook according to various experts. Some believe it is well-positioned to benefit from improvements in the regulatory environment, strong dividends, and strategic focus on North America and technological advancements, while others express concerns over its lagging performance compared to peers and ongoing challenges in international markets. Issues such as a weaker dividend growth compared to other major banks and a slow adaptation to market changes have been highlighted. Additionally, sentiments regarding the bank's prospects vary, with some analysts advocating for a hold strategy and others suggesting potential trimming of positions. Overall, BNS is considered a long-term hold by some, given its attractive yield and strategic initiatives under new management, despite a cautious short-term outlook.

Consensus

Mixed

Valuation

Undervalued

Similar

BUY

Probably more leveraged to the commodity side and international banking than any other Canadian stocks. Quality is good. Have had good returns.

Wealthica Track your Stocks in your Watch List

BUY

Has the best profit growth in financials. It looks like it may be in the process of rebounding from pressure from bond yields.

BUY

Likes the banking sector. His favourite is Toronto Dominion (TD-T) with Bank of Nova Scotia (BNS-T) and Royal (RY-T) following in that order.

DON'T BUY

The model price is $51.33, a 14.5% positive differential. Made a lot of money off banks, but feel that they will have a tough time in the next 6 months to a year. Has sold all his bank positions.

BUY

The estimated price/earnings ratio of the TSX (X-T) is around 15.3. After-tax yield of a 5 Year Canada bond is 3.08. Looking for stocks that have yields in excess of that, the banks come up screaming buys. This is one of the few banks that look good technically.

PAST TOP PICK

(A Top Pick Mar 26/06. Down 5.5%.) Has dropped with the market but still likes it and would continue to hold.

BUY

Banks are giving good yields. They are off 10% from their peaks. At 12 X earnings it is a good valuation. They are now trading on par with US banks.

BUY

Have done a very nice job in terms of growing the assets. Has an international flavour.

HOLD

Stock got very expensive and sold off more than other banks. Has rallied based on the most recent numbers. Probably the best run Canadian bank. He prefers others. Worries about the political instability of their Latin American assets.

BUY

Undervalued relative to its peers. It did much better than all the banks a year and a half ago and has now pulled back and is readjusting itself. From a global basis, Canadian banks are not cheap. He prefers the Toronto Dominion (TD-T) and the Royal (RY-T).

TOP PICK

Likes the Latin American exposure. The emerging middle class in those countries is an excellent banking market. Have more excess capital than any of the banks so expects they will increase their dividend payout ratio.

PAST TOP PICK

(A Top Pick Mar 6/05. Up 9.5%.) All banks had a pullback, interest rate related. It is now a better long-term entry point.

TOP PICK

To a great extent, it has lost its premium valuation to the other banks. Core earnings still remain pretty strong. We'll see it report again with a return on equity in excess of 20/21%. Well diversified internationally. Almost 3.5% dividend.

BUY

Bank stocks have come down pretty substantially with the anticipation of higher interest rates. Feels we are close to the end of the heightening cycle. Well-positioned for anyone with a medium to long investment horizon.

TOP PICK

(A Top Pick Jan 23/06. Down 5%.) The banks in general have all sold off. Has a reasonable multiple and reasonable dividend. The stock may be hurt by unrest in South America. Wouldn't buy at this time.

Showing 1,186 to 1,200 of 1,690 entries

Most Recent Experts

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

Larry Berman CFA, CMT, CTA

ETF Capital Management Inc.

Lyle Stein

Forvest Global Wealth Management

Andrew Pink

LDIC

Greg Newman

Scotia Wealth Management

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)