National Bank of Canada (TSE:NA) Price Target Raised to C$193.00

National Bank of Canada (TSE:NA) had its price target hoisted by Royal Bank Of Canada from C$163.00 to C$193.00 in a research report sent to investors on Thursday,BayStreet.CA reports.

Other research analysts have also recently issued research reports about the stock. Canaccord Genuity Group raised their price target on shares of National Bank of Canada from C$170.00 to C$180.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Canadian Imperial Bank of Commerce raised National Bank of Canada from a “hold” rating to an “outperform” rating and upped their target price for the company from C$179.00 to C$189.00 in a research report on Friday, February 13th. Scotiabank raised their target price on National Bank of Canada from C$188.00 to C$202.00 and gave the stock an “outperform” rating in a research note on Thursday. Barclays lifted their price target on National Bank of Canada from C$164.00 to C$177.00 in a research report on Thursday, February 19th. Finally, BMO Capital Markets increased their price objective on National Bank of Canada from C$177.00 to C$195.00 and gave the company an “outperform” rating in a report on Thursday. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$191.10.

National Bank of Canada Trading Down 1.1%

NA opened at C$190.37 on Thursday. The firm has a market cap of C$74.30 billion, a price-to-earnings ratio of 18.90, a PEG ratio of 7.14 and a beta of 1.05. National Bank of Canada has a 12 month low of C$106.67 and a 12 month high of C$193.71. The stock has a fifty day moving average price of C$172.53 and a 200-day moving average price of C$161.94.

National Bank of Canada (TSE:NA) last released its quarterly earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 earnings per share (EPS) for the quarter. National Bank of Canada had a net margin of 19.69% and a return on equity of 15.43%. The business had revenue of C$3.89 billion for the quarter. On average, equities research analysts forecast that National Bank of Canada will post 10.8360791 EPS for the current year.

National Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Sunday, February 1st. Investors of record on Sunday, February 1st were issued a $1.24 dividend. This represents a $4.96 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Monday, December 29th. This is a positive change from National Bank of Canada’s previous quarterly dividend of $1.18. National Bank of Canada’s payout ratio is currently 46.08%.

National Bank of Canada News Summary

Here are the key news stories impacting National Bank of Canada this week:

• Positive Sentiment: Desjardins raised its price target to C$200 and set a “buy” rating, signaling stronger bullish institutional conviction and adding upside to consensus expectations. Desjardins Raises Target
• Positive Sentiment: BMO Capital Markets lifted its target to C$195 and kept an “outperform” stance, which supports investor optimism about earnings resilience. BMO Raises Target
• Positive Sentiment: Scotiabank moved its target to C$202 and maintained an “outperform” view—another major bank upgrade that reinforces sector-level strength. Scotiabank Upgrade
• Positive Sentiment: Raymond James raised its target to C$200 (market perform) and RBC lifted its target to C$193; both moves add to the cluster of higher targets from large dealers. BayStreet Analyst Summary
• Positive Sentiment: Canadian Imperial Bank of Commerce raised its target to C$193, and Barclays raised its target to C$183 (see below for nuance) — overall more upward pressure on consensus targets. CIBC Raises Target
• Positive Sentiment: Macro/sector note — MoneySense highlights “big gains for Canada’s banks in Q1,” supporting a favorable backdrop for NA shares amid stronger net interest income and trading activity expectations. MoneySense Bank Q1 Note
• Neutral Sentiment: Canaccord raised its target to C$191 but keeps a “hold” — the move narrows uncertainty but doesn’t signal a clear buy-case; impact is mixed. Canaccord Update
• Negative Sentiment: Jefferies set a new target at C$172 and TD at C$182 (and Barclays’ C$183 sits below the recent market price), which could cap upside and add selling pressure from investors focused on target/price gaps. Jefferies Target TD Target

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.