National Bank of Canada (TSE:NA) Receives Average Recommendation of “Hold” from Analysts

Shares of National Bank of Canada (TSE:NAGet Free Report) have earned an average recommendation of “Hold” from the ten research firms that are currently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is C$191.10.

A number of research analysts recently weighed in on the company. BMO Capital Markets upped their price objective on National Bank of Canada from C$177.00 to C$195.00 and gave the stock an “outperform” rating in a report on Thursday. Royal Bank Of Canada boosted their target price on shares of National Bank of Canada from C$163.00 to C$193.00 in a research report on Thursday. Canaccord Genuity Group increased their price target on shares of National Bank of Canada from C$180.00 to C$191.00 and gave the company a “hold” rating in a report on Thursday. Scotiabank raised their price objective on shares of National Bank of Canada from C$188.00 to C$202.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Barclays boosted their price objective on shares of National Bank of Canada from C$177.00 to C$183.00 and gave the stock an “equal weight” rating in a report on Thursday.

Get Our Latest Stock Analysis on National Bank of Canada

National Bank of Canada Stock Down 1.1%

TSE NA opened at C$190.37 on Friday. The stock has a market capitalization of C$74.30 billion, a P/E ratio of 18.90, a P/E/G ratio of 7.14 and a beta of 1.05. National Bank of Canada has a 52-week low of C$106.67 and a 52-week high of C$193.71. The firm has a 50-day moving average price of C$172.53 and a 200 day moving average price of C$161.85.

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

National Bank of Canada Increases Dividend

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

National Bank of Canada Company Profile

(Get Free Report)

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.

Read More

Analyst Recommendations for National Bank of Canada (TSE:NA)

Receive News & Ratings for National Bank of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank of Canada and related companies with MarketBeat.com's FREE daily email newsletter.