National Bank of Canada (TSE:NA – Get Free Report) was downgraded by stock analysts at Desjardins from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. They presently have a C$238.00 target price on the financial services provider’s stock, up from their prior target price of C$217.00. Desjardins’ price objective indicates a potential upside of 5.25% from the company’s current price.
A number of other research firms also recently commented on NA. TD lifted their target price on shares of National Bank of Canada from C$182.00 to C$202.00 and gave the stock a “hold” rating in a research report on Tuesday, May 5th. Jefferies Financial Group raised their price target on National Bank of Canada from C$172.00 to C$188.00 in a research note on Wednesday, May 20th. Raymond James Financial cut their price objective on National Bank of Canada from C$206.50 to C$203.00 and set a “market perform” rating for the company in a report on Thursday, May 28th. Canaccord Genuity Group upped their price objective on National Bank of Canada from C$205.00 to C$224.00 and gave the company a “hold” rating in a research report on Tuesday, July 7th. Finally, Canadian Imperial Bank of Commerce raised their target price on National Bank of Canada from C$209.00 to C$221.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Two investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, National Bank of Canada presently has a consensus rating of “Hold” and an average price target of C$202.83.
Read Our Latest Stock Analysis on National Bank of Canada
National Bank of Canada Stock Up 0.0%
National Bank of Canada (TSE:NA – Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share for the quarter. The firm had revenue of C$3.91 billion during the quarter. National Bank of Canada had a net margin of 16.87% and a return on equity of 13.77%. As a group, research analysts predict that National Bank of Canada will post 10.8360791 EPS for the current year.
About National Bank of Canada
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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