BNS.TO C$102.82 on 06 Jan 2026: TSX most active bank stock, analyst view

BNS.TO stock closed at C$102.82 on 06 Jan 2026, rising 1.08% as volume surged to 10,678,019 shares on the TSX. The Bank of Nova Scotia (BNS.TO) finished at the session high C$103.10 and remains near its 52-week peak of C$103.10. Investors cited strong sector momentum in Financial Services and fresh analyst notes that contrasted with some older price targets near C$80. We use Meyka AI, an AI-powered market analysis platform, to combine intraday flow with fundamentals for this most-active stock report

BNS.TO stock intraday action and liquidity

Today BNS.TO traded 10,678,019 shares versus an average volume of 4,687,719, marking it one of the TSX most-active names.

The share range was C$101.86 to C$103.10, with the previous close at C$101.72, showing a measured uptick into the close.

Valuation snapshot and key financials for BNS.TO stock

Scotiabank (The Bank of Nova Scotia) trades at PE 17.59 on reported EPS of C$5.67, with a dividend per share of C$4.36 and dividend yield near 4.36%.

Price averages show strength: 50-day C$96.55 and 200-day C$81.80, while market cap stands at C$123,922,992,018.00 on the TSX in Canada.

Meyka AI grade and forecast for BNS.TO stock

Meyka AI rates BNS.TO with a score of 78.90 out of 100 (Grade: B+, Suggestion: BUY). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus.

Meyka AI’s forecast model projects monthly C$98.26, yearly C$101.02, and three-year C$125.85. Compared with the current price of C$102.82, the yearly projection implies a -1.75% downside, while the three-year outlook implies a +22.35% upside. Forecasts are model-based projections and not guarantees.

Technicals and sector context for BNS.TO stock

Momentum indicators are neutral-to-bullish: RSI 52.88, ADX 40.48 signaling a strong trend, and MACD slightly negative on the histogram.

The Financial Services sector is up 17.21% YTD, supporting bank names; BNS.TO’s 50/200-day averages and rising volume profile keep it among active Canadian banks on the TSX.

Catalysts, risks and upcoming events affecting BNS.TO stock

Key catalysts include the next earnings announcement scheduled 24 Feb 2026 and international loan portfolio updates from Latin American operations.

Risks include credit cycles in international markets, rate-sensitivity to net interest income, and regulatory developments across jurisdictions where The Bank of Nova Scotia operates.

Analyst commentary and price-target context for BNS.TO stock

Public summaries show price targets clustered near C$79–C$81 in some older reports, which contrasts with current trades above C$102.82.

Investors should weigh older target frameworks against recent earnings trends, stronger sector performance, and Meyka AI model outputs when forming a view.

Final Thoughts

BNS.TO stock closed the session at C$102.82 on 06 Jan 2026 and was among the TSX’s most active issues, trading 10,678,019 shares and testing the session high C$103.10. Fundamentals show a PE of 17.59, EPS C$5.67, and a 4.36% dividend yield that supports income-oriented portfolios in Canada. Meyka AI rates the name 78.90/100 (B+, BUY) and flags a modest near-term downside to the yearly model projection of C$101.02 (-1.75%). Over three years Meyka AI projects C$125.85 (+22.35%), reflecting medium-term growth expectations tied to international banking recovery and fee-income expansion. Traders should watch volume, the 50-day average C$96.55, and the earnings date of 24 Feb 2026 for fresh guidance. Sources: the bank’s site and market feeds provide the base filings and quotes; use the Meyka AI grade and forecast as one input in a broader decision process.

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Disclaimer:

Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.