National Bank of Canada (TSE:NA) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

National Bank of Canada (TSE:NAGet Free Report) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of C$208.01 and traded as high as C$213.70. National Bank of Canada shares last traded at C$210.64, with a volume of 1,047,765 shares traded.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the company. Canaccord Genuity Group raised their price target on National Bank of Canada from C$224.00 to C$228.00 in a research note on Thursday, September 3rd. Royal Bank Of Canada upped their price objective on National Bank of Canada from C$214.00 to C$224.00 and gave the stock a “sector perform” rating in a research note on Thursday, August 27th. Scotiabank raised their target price on shares of National Bank of Canada from C$241.00 to C$243.00 and gave the company a “sector outperform” rating in a research note on Thursday, August 27th. TD lowered their target price on shares of National Bank of Canada from C$227.00 to C$226.00 and set a “hold” rating on the stock in a report on Thursday, August 27th. Finally, Jefferies Financial Group upped their price target on shares of National Bank of Canada from C$212.00 to C$213.00 in a research report on Thursday, September 3rd. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of C$218.50.

Read Our Latest Report on National Bank of Canada

National Bank of Canada Stock Up 0.7%

The stock has a market cap of C$81.24 billion, a P/E ratio of 17.73, a price-to-earnings-growth ratio of 7.14 and a beta of 1.21. The firm has a 50 day simple moving average of C$223.57 and a 200-day simple moving average of C$208.04.

National Bank of Canada Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Saturday, August 1st. Shareholders of record on Saturday, August 1st were issued a $1.32 dividend. This is an increase from National Bank of Canada’s previous quarterly dividend of $1.24. This represents a $5.28 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, June 29th. National Bank of Canada’s dividend payout ratio is presently 41.64%.

Insider Buying and Selling at National Bank of Canada

In related news, Director Yvon Charest bought 191 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was bought at an average price of C$233.21 per share, for a total transaction of C$44,543.11. Following the purchase, the director owned 21,193 shares in the company, valued at C$4,942,419.53. This represents a 0.91% increase in their position. 0.21% of the stock is owned by insiders.

About National Bank of Canada

(Get Free Report)

With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).

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