National Bank of Canada (TSE:NA – Free Report) had its price target cut by Raymond James Financial from C$226.50 to C$223.00 in a research report sent to investors on Thursday,BayStreet.CA reports. They currently have a market perform rating on the financial services provider’s stock.
A number of other research analysts have also weighed in on the stock. 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 report on Thursday. Barclays upped their price target on shares of National Bank of Canada from C$188.00 to C$220.00 in a research note on Friday, August 21st. Jefferies Financial Group increased their price objective on shares of National Bank of Canada from C$196.00 to C$208.00 and gave the company a “hold” rating in a research report on Thursday, August 13th. Canadian Imperial Bank of Commerce raised shares of National Bank of Canada from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Finally, TD boosted their target price on shares of National Bank of Canada from C$202.00 to C$227.00 and gave the stock a “hold” rating in a report on Wednesday, August 12th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of C$216.33.
View Our Latest Research Report on National Bank of Canada
National Bank of Canada Price Performance
National Bank of Canada (TSE:NA – Get Free Report) last issued its quarterly earnings data on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. The business had revenue of C$3.91 billion for the quarter. National Bank of Canada had a return on equity of 14.36% and a net margin of 14.92%. On average, analysts anticipate that National Bank of Canada will post 10.8360791 EPS for the current fiscal year.
National Bank of Canada Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Saturday, August 1st were issued a $1.32 dividend. This is a positive change from National Bank of Canada’s previous quarterly dividend of $1.24. The ex-dividend date was Monday, June 29th. This represents a $5.28 dividend on an annualized basis and a dividend yield of 2.5%. National Bank of Canada’s dividend payout ratio (DPR) is presently 42.83%.
Insider Activity 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 shares were purchased at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the transaction, the director owned 21,193 shares in the company, valued at C$4,942,419.53. This trade represents a 0.91% increase in their position. Company insiders own 0.21% of the company’s stock.
National Bank of Canada News Summary
Here are the key news stories impacting National Bank of Canada this week:
- Positive Sentiment: National Bank said mortgage growth has reached a record pace, with the bank leaning more heavily on the broker channel to capture demand. Stronger mortgage volumes could support loan growth and interest income. National Bank leans on broker channel as mortgage growth hits record pace
- Positive Sentiment: Scotiabank raised its price target to C$243 from C$241 and maintained a “sector outperform” rating. RBC also increased its target to C$224 from C$214, although it retained a “sector perform” rating. These revisions indicate that some analysts see additional upside for NA. Analyst ratings
- Neutral Sentiment: Management warned that tariffs will make business more difficult, highlighting risks to economic activity and corporate customers. However, the CEO remains encouraged by a potential “silver lining,” which could help temper concerns about the effect on the bank’s outlook. National Bank CEO discusses tariffs and the company outlook
- Neutral Sentiment: Analyst views were mixed: Desjardins cut its target to C$230 from C$238, TD reduced its target to C$226 from C$227, and Raymond James lowered its target to C$223 from C$226.50, all maintaining hold or market perform ratings. Jefferies raised its target modestly to C$212 from C$208, but its new target implies little upside. Analyst ratings
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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