National Bank of Canada (TSE:NA – Free Report) had its price objective increased by Canaccord Genuity Group from C$224.00 to C$228.00 in a research report released on Thursday morning,BayStreet reports.
NA has been the subject of several other reports. Scotiabank boosted their price objective on shares of National Bank of Canada from C$241.00 to C$243.00 and gave the company a “sector outperform” rating in a research note on Thursday, August 27th. TD reduced their target price on National Bank of Canada from C$227.00 to C$226.00 and set a “hold” rating on the stock in a report on Thursday, August 27th. Raymond James Financial reduced their target price on National Bank of Canada from C$226.50 to C$223.00 and set a “market perform” rating on the stock in a report on Thursday, August 27th. Royal Bank Of Canada boosted their price target on National Bank of Canada from C$214.00 to C$224.00 and gave the company a “sector perform” rating in a research report on Thursday, August 27th. Finally, Canadian Imperial Bank of Commerce dropped their price target on National Bank of Canada from C$249.00 to C$242.00 and set an “outperformer” rating for the company in a research note on Thursday. Three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$218.50.
Read Our Latest Analysis on National Bank of Canada
National Bank of Canada Stock Up 0.0%
National Bank of Canada Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Investors of record on Saturday, August 1st were given a dividend of $1.32 per share. This is a boost from National Bank of Canada’s previous quarterly dividend of $1.24. The ex-dividend date of this dividend was Monday, June 29th. This represents a $5.28 annualized dividend and a yield of 2.4%. National Bank of Canada’s dividend payout ratio is presently 41.64%.
Insider Activity at National Bank of Canada
In other news, Director Yvon Charest purchased 191 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The shares were purchased at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the purchase, the director directly owned 21,193 shares of the company’s stock, valued at approximately C$4,942,419.53. This represents a 0.91% increase in their position. Insiders own 0.21% of the company’s stock.
National Bank of Canada Company Profile
With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).
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