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

National Bank of Canada (TSE:NA) had its target price hoisted by Canadian Imperial Bank of Commerce from C$189.00 to C$193.00 in a research report released on Thursday,BayStreet.CA reports.

NA has been the topic of several other reports. Raymond James Financial lifted their price target on shares of National Bank of Canada from C$179.00 to C$200.00 and gave the stock a “market perform” rating in a report on Thursday. BMO Capital Markets upped their price target on shares of National Bank of Canada from C$177.00 to C$195.00 and gave the company an “outperform” rating in a report on Thursday. Scotiabank upped their price objective on National Bank of Canada from C$188.00 to C$202.00 and gave the stock an “outperform” rating in a research report on Thursday. Jefferies Financial Group upped their price target on National Bank of Canada from C$165.00 to C$172.00 in a report on Thursday. Finally, Desjardins increased their price objective on shares of National Bank of Canada from C$182.00 to C$200.00 and gave the company a “buy” rating in a report on Thursday. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the 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 Price Performance

Shares of National Bank of Canada stock opened at C$190.37 on Thursday. The stock 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. The firm’s 50-day moving average is C$172.53 and its two-hundred day moving average is C$161.94. National Bank of Canada has a 1 year low of C$106.67 and a 1 year high of C$193.71.

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

National Bank of Canada Increases Dividend

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

Key Stories Impacting National Bank of Canada

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

About National Bank of Canada

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.