National Bank of Canada (TSE:NA) Stock Price Expected to Rise, Barclays Analyst Says

National Bank of Canada (TSE:NA) had its price objective boosted by stock analysts at Barclays from C$177.00 to C$183.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price objective indicates a potential downside of 4.53% from the stock’s current price.

Other analysts have also issued reports about the stock. Raymond James Financial boosted their price target on shares of National Bank of Canada from C$179.00 to C$200.00 and gave the stock a “market perform” rating in a research note on Thursday. Desjardins upped their price objective on National Bank of Canada from C$182.00 to C$200.00 and gave the stock a “buy” rating in a research report on Thursday. Canadian Imperial Bank of Commerce lifted their target price on National Bank of Canada from C$189.00 to C$193.00 in a report on Thursday. Canaccord Genuity Group upped their price target on National Bank of Canada from C$170.00 to C$180.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Finally, Jefferies Financial Group increased their price target on National Bank of Canada from C$165.00 to C$172.00 in a research report on Thursday. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, National Bank of Canada currently has an average rating of “Hold” and a consensus target price of C$182.33.

National Bank of Canada Price Performance

NA traded up C$2.46 during trading hours on Thursday, reaching C$191.69. The company’s stock had a trading volume of 884,043 shares, compared to its average volume of 1,489,403. The stock has a market cap of C$74.82 billion, a PE ratio of 19.04, a P/E/G ratio of 7.14 and a beta of 1.05. National Bank of Canada has a fifty-two week low of C$106.67 and a fifty-two week high of C$192.39. The business’s 50-day moving average is C$171.87 and its 200-day moving average is C$161.33.

National Bank of Canada (TSE:NA) last posted its earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 earnings per share (EPS) for the quarter. National Bank of Canada had a return on equity of 15.43% and a net margin of 19.69%.The company had revenue of C$3.89 billion during the quarter. Analysts expect that National Bank of Canada will post 10.8360791 EPS for the current year.

Key National Bank of Canada News

Here are the key news stories impacting National Bank of Canada this week:

• Positive Sentiment: Q1 earnings beat: NA reported C$3.25 EPS and C$3.89B revenue, with strong profitability metrics (net margin ~19.7%, ROE ~15.4%). Management posted the press release, slide deck and held a conference call — all indicating solid underlying results. MarketBeat: Earnings release & call
• Positive Sentiment: Net profit rose to about $1.25B from $997M a year earlier, reflecting stronger wealth-management results and contributions from the Great Western Bank acquisition — a clear driver of the quarter’s outperformance. BNN Bloomberg: Q1 profit up to $1.25B
• Positive Sentiment: Analyst upgrade / higher target: Scotiabank raised its price target to C$202 and kept an “outperform” rating — providing third‑party validation for upside potential. BayStreet.CA: Scotiabank raises target to C$202
• Positive Sentiment: Share‑buyback signal: The bank announced intent to amend its normal course issuer bid, which may lead to increased buybacks (supportive for EPS and share price if executed). Newswire: NCIB amendment intention
• Neutral Sentiment: Broader market context: Coverage noted Toronto stocks advancing with National Bank highlighted for the earnings beat — supportive market tone but subject to broader market moves. MarketWatch: Toronto stocks advance
• Neutral Sentiment: Brand / marketing item: National Bank announced a partnership with tennis player Victoria Mboko — positive PR but unlikely to move fundamentals materially. CantechLetter: Partnership with Victoria Mboko

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.