National Bank of Canada (TSE:NA) Price Target Raised to C$191.00

National Bank of Canada (TSE:NA) had its price target lifted by Canaccord Genuity Group from C$180.00 to C$191.00 in a research note published on Thursday morning,BayStreet.CA reports. Canaccord Genuity Group currently has a hold rating on the financial services provider’s stock.

Several other research firms have also issued reports on NA. TD Securities upped their target price on shares of National Bank of Canada from C$175.00 to C$182.00 in a research note on Thursday. Raymond James Financial lifted their price objective on 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. Jefferies Financial Group boosted their target price on shares of National Bank of Canada from C$165.00 to C$172.00 in a report on Thursday. Canadian Imperial Bank of Commerce raised their price objective on shares of National Bank of Canada from C$189.00 to C$193.00 in a research report on Thursday. Finally, Desjardins upped their target price on National Bank of Canada from C$182.00 to C$200.00 and gave the stock a “buy” rating in a research note on Thursday. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, National Bank of Canada currently has an average rating of “Hold” and a consensus target price of C$191.10.

National Bank of Canada Stock Performance

Shares of TSE:NA opened at C$190.37 on Thursday. National Bank of Canada has a 52-week low of C$106.67 and a 52-week high of C$193.71. The business’s 50 day simple moving average is C$172.53 and its two-hundred day simple moving average is C$161.94. The firm has a market cap of C$74.30 billion, a P/E ratio of 18.90, a PEG ratio of 7.14 and a beta of 1.05.

National Bank of Canada (TSE:NA) last announced its quarterly earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 EPS for the quarter. The business 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 forecast 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. Shareholders 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. The ex-dividend date of this dividend was Monday, December 29th. This represents a $4.96 dividend on an annualized basis and a yield of 2.6%. National Bank of Canada’s payout ratio is 46.08%.

National Bank of Canada News Roundup

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.