National Bank of Canada (TSE:NA) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of National Bank of Canada (TSE:NA) to a hold rating in a research report report published on Monday morning,Zacks.com reports.

A number of other research analysts also recently commented on NA. Desjardins raised shares of National Bank of Canada from a “hold” rating to a “moderate buy” rating in a research report on Tuesday, November 11th. Royal Bank Of Canada dropped their price objective on shares of National Bank of Canada from C$152.00 to C$148.00 and set a “sector perform” rating on the stock in a research note on Thursday, August 28th. Scotiabank boosted their price objective on shares of National Bank of Canada from C$159.00 to C$166.00 and gave the stock an “outperform” rating in a research note on Tuesday. CIBC upped their target price on National Bank of Canada from C$154.00 to C$166.00 in a report on Wednesday, November 19th. Finally, TD Securities increased their target price on National Bank of Canada from C$148.00 to C$161.00 in a research report on Monday, November 10th. Three analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat.com, National Bank of Canada presently has a consensus rating of “Hold” and an average target price of C$150.77.

National Bank of Canada Trading Up 1.4%

Shares of National Bank of Canada stock opened at C$167.74 on Monday. The stock’s fifty day moving average price is C$155.16 and its 200-day moving average price is C$145.73. The firm has a market cap of C$65.78 billion, a P/E ratio of 16.53, a P/E/G ratio of 7.14 and a beta of 1.08. National Bank of Canada has a 12 month low of C$106.67 and a 12 month high of C$167.79.

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.