Bank Of Nova Scotia [BNS] gain 17.02% so far this year. What now?

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Bank Of Nova Scotia [NYSE: BNS] price surged by 1.05 percent to reach at $0.57.

A sum of 3643470 shares traded at recent session while its average daily volume was at 2.07M shares. Bank Of Nova Scotia shares reached a high of $55.07 and dropped to a low of $54.4 until finishing in the latest session at $55.07.

The one-year BNS stock forecast points to a potential upside of 14.58. The average equity rating for BNS stock is currently 3.14, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Bank Of Nova Scotia [BNS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BNS shares is $64.47 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BNS stock is a recommendation set at 3.14. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

BofA Securities have made an estimate for Bank Of Nova Scotia shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on March 31, 2025. The new note on the price target was released on February 18, 2025, representing the official price target for Bank Of Nova Scotia stock.

The Price to Book ratio for the last quarter was 1.27. Price to Free Cash Flow for BNS in the course of the last twelve months was 61.04.

BNS Stock Performance Analysis:

Bank Of Nova Scotia [BNS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.51. With this latest performance, BNS shares gained by 1.40% in over the last four-week period, additionally plugging by 8.86% over the last 6 months – not to mention a rise of 2.51% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BNS stock in for the last two-week period is set at 59.71, with the RSI for the last a single of trading hit 0.58, and the three-weeks RSI is set at 0.61 for Bank Of Nova Scotia [BNS]. The present Moving Average for the last 50 days of trading for this stock 53.30, while it was recorded at 54.76 for the last single week of trading, and 51.95 for the last 200 days.

Insight into Bank Of Nova Scotia Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Bank Of Nova Scotia [BNS] shares currently have an operating margin of 10.19%. Bank Of Nova Scotia’s Net Margin is presently recorded at 8.29%.

Return on Equity for this stock inclined to 0.47%, with Return on Assets sitting at 0.47%. When it comes to the capital structure of this company, Bank Of Nova Scotia [BNS] has a Total Debt to Total Equity ratio set at 2.67.

Reflecting on the efficiency of the workforce at the company, Bank Of Nova Scotia [BNS] managed to generate an average of $49837.27 per employee.Bank Of Nova Scotia’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.60.

BNS Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BNS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Bank Of Nova Scotia go to 10.78%.

Bank Of Nova Scotia [BNS] Institutonal Ownership Details

There are presently around $51.29%, or 51.30% of BNS stock, in the hands of institutional investors. The top three institutional holders of BNS stocks are: ROYAL BANK OF CANADA with ownership of 100.42 million shares, which is approximately 7.5458%. BANK OF MONTREAL /CAN/, holding 69.43 million shares of the stock with an approximate value of $$3.28 billion in BNS stocks shares; and BANK OF MONTREAL /CAN/, currently with $$2.26 billion in BNS stock with ownership which is approximately 3.7076%.

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