National Bank of Canada (TSE:NA) Price Target Raised to C$202.00

National Bank of Canada (TSE:NA) had its target price lifted by Scotiabank from C$188.00 to C$202.00 in a research note released on Thursday morning,BayStreet.CA reports. They currently have an outperform rating on the financial services provider’s stock.

Other equities research analysts have also recently issued research reports about the company. Raymond James Financial raised their target price on National Bank of Canada from C$173.00 to C$179.00 and gave the stock a “market perform” rating in a research note on Tuesday, February 17th. Jefferies Financial Group increased their target price on shares of National Bank of Canada from C$156.00 to C$165.00 in a research note on Wednesday, February 11th. Canadian Imperial Bank of Commerce raised shares of National Bank of Canada from a “hold” rating to an “outperform” rating and lifted their price target for the company from C$179.00 to C$189.00 in a research note on Friday, February 13th. TD Securities cut their price objective on shares of National Bank of Canada from C$181.00 to C$175.00 in a research report on Monday, February 9th. Finally, BMO Capital Markets raised their target price on National Bank of Canada from C$172.00 to C$177.00 in a research note on Wednesday, December 17th. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of C$191.10.

National Bank of Canada Stock Down 1.1%

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

National Bank of Canada (TSE:NA) last issued its quarterly earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 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. Sell-side analysts anticipate that National Bank of Canada will post 10.8360791 EPS for the current fiscal year.

National Bank of Canada Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Sunday, February 1st. Investors of record on Sunday, February 1st were paid a $1.24 dividend. This is an increase 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 of this dividend was Monday, December 29th. National Bank of Canada’s payout ratio is 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

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.