Bank of Nova Scotia stock clears 50-day average before results

Bank of Nova Scotia stock moved above its 50-day moving average during trading on Monday, November 9, according to MarketBeat. The report puts the average at 92.41 US dollars and says the shares reached 93.84 US dollars during the session.

Analyst backdrop stays constructive

MarketBeat's survey lists one Strong Buy, five Buy and four Hold ratings. The resulting consensus is Moderate Buy, with an average price target of 105.50 US dollars. TD Securities moved its rating from Hold to Buy in August, while National Bank Financial upgraded the shares from Sector Perform to Outperform.

The same report cites the bank's latest quarterly results from August 25. Scotiabank reported earnings of 1.64 US dollars per share against a 1.53 US dollar consensus estimate, while revenue reached 7.52 billion US dollars compared with an expected 7.11 billion US dollars. Those figures belong to the US-listed market coverage and are not Euro prices.

Results remain the next catalyst

Scotiabank is scheduled to publish fiscal fourth-quarter results before the market opens on Wednesday, December 2, 2026. Management plans to hold its analyst call at 7:15 a.m. Eastern Time, making the release the next fixed event for investors following the bank.

Bank of Nova Scotia stock traded at 84.00 euros on Lang & Schwarz at 16:04:19 CET on Tuesday, November 10, 2026.

Global investors are also tracking broader moves across the US banking and financial sector through the S&P 500.

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