National Bank of Canada (TSE:NA) – Research analysts at Desjardins upped their FY2017 earnings per share (EPS) estimates for shares of National Bank of Canada in a note issued to investors on Monday. Desjardins analyst D. Young now forecasts that the financial services provider will post earnings per share of $5.43 for the year, up from their prior forecast of $5.38. Desjardins also issued estimates for National Bank of Canada’s Q4 2017 earnings at $1.38 EPS and FY2019 earnings at $6.12 EPS.

NA has been the topic of several other research reports. Royal Bank Of Canada boosted their target price on shares of National Bank of Canada from C$62.00 to C$65.00 and gave the stock an “outperform” rating in a report on Thursday, August 31st. Canaccord Genuity boosted their target price on shares of National Bank of Canada from C$62.00 to C$66.00 in a report on Wednesday, November 1st. BMO Capital Markets boosted their target price on shares of National Bank of Canada from C$60.00 to C$61.00 and gave the stock a “market perform” rating in a report on Thursday, August 31st. TD Securities boosted their target price on shares of National Bank of Canada from C$60.00 to C$61.00 and gave the stock a “hold” rating in a report on Thursday, August 31st. Finally, Scotiabank boosted their target price on shares of National Bank of Canada from C$61.00 to C$65.00 and gave the stock an “outperform” rating in a report on Thursday, August 31st. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. National Bank of Canada has a consensus rating of “Hold” and a consensus price target of C$61.08.

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National Bank of Canada (TSE:NA) opened at C$63.71 on Tuesday. National Bank of Canada has a 1-year low of C$47.08 and a 1-year high of C$63.86.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, November 1st. Investors of record on Monday, September 25th were paid a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date was Friday, September 22nd.

In other National Bank of Canada news, Director Richard Fortin purchased 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 21st. The shares were bought at an average price of C$57.90 per share, with a total value of C$289,500.00. Also, insider Elaine Marchand sold 6,100 shares of the company’s stock in a transaction on Thursday, September 28th. The shares were sold at an average price of C$59.50, for a total transaction of C$362,950.00. In the last ninety days, insiders have purchased 16,900 shares of company stock worth $988,018 and have sold 17,100 shares worth $980,254.

About National Bank of Canada

Earnings History and Estimates for National Bank of Canada (TSE:NA)

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