TD Securities Boosts National Bank of Canada (TSE:NA) Price Target to C$161.00

National Bank of Canada (TSE:NA) had its price objective hoisted by stock analysts at TD Securities from C$148.00 to C$161.00 in a research report issued on Monday,BayStreet.CA reports. TD Securities’ target price indicates a potential upside of 0.04% from the stock’s previous close.

A number of other analysts have also issued reports on NA. Desjardins dropped their price target on shares of National Bank of Canada from C$150.00 to C$149.00 and set a “hold” rating for the company in a research note on Thursday, August 28th. Jefferies Financial Group dropped their target price on shares of National Bank of Canada from C$157.00 to C$153.00 and set a “hold” rating for the company in a research report on Thursday, August 28th. CIBC increased their price target on shares of National Bank of Canada from C$151.00 to C$154.00 and gave the stock a “neutral” rating in a research report on Friday, September 5th. Cibc World Mkts upgraded National Bank of Canada from a “strong sell” rating to a “hold” rating in a research note on Friday, August 1st. Finally, Barclays upped their price objective on National Bank of Canada from C$141.00 to C$147.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. Two research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, National Bank of Canada currently has a consensus rating of “Hold” and an average price target of C$146.92.

National Bank of Canada Stock Up 1.5%

NA stock opened at C$160.93 on Monday. National Bank of Canada has a 52-week low of C$106.67 and a 52-week high of C$161.12. The stock’s 50 day moving average is C$151.82 and its two-hundred day moving average is C$142.73. The company has a market capitalization of C$63.11 billion, a PE ratio of 15.86, a P/E/G ratio of 7.14 and a beta of 1.08.

National Bank of Canada Company Profile

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.