National Bank of Canada (TSE:NA) PT Set at C$168.00 by Raymond James Financial

National Bank of Canada (TSE:NA) has been given a C$168.00 target price by investment analysts at Raymond James Financial in a note issued to investors on Tuesday,BayStreet.CA reports. The brokerage currently has a “market perform” rating on the financial services provider’s stock. Raymond James Financial’s price objective suggests a potential upside of 0.16% from the company’s previous close.

A number of other analysts also recently weighed in on the company. Cibc World Mkts raised National Bank of Canada from a “strong sell” rating to a “hold” rating in a research note on Friday, August 1st. Scotiabank raised their price target on shares of National Bank of Canada from C$159.00 to C$166.00 and gave the company an “outperform” rating in a research report on Tuesday. TD Securities raised their target price on National Bank of Canada from C$148.00 to C$161.00 in a report on Monday, November 10th. Jefferies Financial Group cut their target price on National Bank of Canada from C$153.00 to C$152.00 and set a “hold” rating on the stock in a research report on Tuesday. Finally, Royal Bank Of Canada decreased their price target on National Bank of Canada from C$152.00 to C$148.00 and set a “sector perform” rating for the company in a report on Thursday, August 28th. Three equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of C$150.77.

National Bank of Canada Price Performance

Shares of TSE NA opened at C$167.74 on Tuesday. National Bank of Canada has a fifty-two week low of C$106.67 and a fifty-two week high of C$167.79. The stock has a market capitalization of C$65.78 billion, a PE ratio of 16.53, a P/E/G ratio of 7.14 and a beta of 1.08. The business has a fifty day moving average price of C$155.16 and a two-hundred day moving average price of C$145.73.

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.