Highlights

  • Brokerage target prices adjusted following recent earnings disclosures
  • Consensus ratings cluster around Hold across major Canadian banks
  • Latest trading session records declines across all three stocks

Canada’s financial sector entered the session under intensified scrutiny as brokerage firms revised price targets following a fresh round of quarterly earnings reports. Margin figures, revenue disclosures, and return metrics became reference points for updated analyst positioning, while consensus ratings offered a broader view of coverage trends. Trading activity reflected how investors processed these revisions, with notable intraday declines recorded across leading Canadian lenders.

Bank of Montreal (TSE:BMO): Target Revisions and Consensus View

The bank reported quarterly EPS of C$3.28, a net margin of 13.57%, return on equity of 9.04%, and revenue of C$9.34 billion. Analysts forecast full-year EPS of 9.6514585 on average. Shares last traded at C$190.78, down 2.16% on February 12, 2026.

Canaccord Genuity Group raised its price objective on Bank of Montreal to C$218 from C$201, implying a 13.86% potential upside from the latest quoted price. Additional revisions included Canadian Imperial Bank of Commerce lifting its target to C$199, Scotiabank to C$191, Bank of America to C$183, Desjardins to C$195 with a hold rating, and Barclays to C$181 with an equal weight rating. MarketBeat data shows three buy ratings and eight hold ratings, resulting in a consensus rating of “Hold” and an average target price of C$188.33.

Bank of Nova Scotia (TSE:BNS): Analyst Targets Reset

The bank posted quarterly EPS of C$1.93, return on equity of 9.64%, net margin of 17.68%, and revenue of C$9.77 billion. Analysts project average full-year EPS of 7.1286267. The stock last traded at C$103.28, down 1.41% on February 12, 2026.

Canaccord Genuity Group lifted its price target on Bank of Nova Scotia to C$112 from C$106, indicating an 8.33% potential upside from the previous close cited. Raymond James Financial set a C$108 target, Jefferies raised its target to C$104, BMO Capital Markets to C$98, Barclays to C$97, and Canadian Imperial Bank of Commerce to C$103 with a neutral rating.
MarketBeat data shows three buy ratings and seven hold ratings, with a consensus rating of “Hold” and an average target price of C$97.75.

Canadian Imperial Bank of Commerce (TSE:CM): Mixed Rating Distribution

The bank reported quarterly EPS of C$2.21, return on equity of 12.61%, net margin of 27.87%, and revenue of C$7.58 billion. Analysts forecast full-year EPS of 6.4127341. The stock last traded at C$129.79, down 1.37% on February 12, 2026.

Canaccord Genuity Group raised its target to C$136 from C$129, reflecting a 4.99% potential upside from the previous close cited. Desjardins lifted its target to C$139 with a buy rating, Royal Bank of Canada to C$134, Raymond James Financial to C$132 with a market perform rating, TD Securities to C$142, and Barclays to C$126.
MarketBeat data indicates four buy ratings, four hold ratings, and one sell rating, producing a consensus rating of “Hold” and an average target price of C$130.27.