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

National Bank of Canada (TSE:NA) had its price target boosted by BMO Capital Markets from C$177.00 to C$195.00 in a report issued on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the financial services provider’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 1.73% from the stock’s previous close.

A number of other equities research analysts have also recently issued reports on the stock. Royal Bank Of Canada boosted their target price on shares of National Bank of Canada from C$149.00 to C$163.00 in a research report on Thursday, December 4th. Scotiabank increased their target price on shares of National Bank of Canada from C$188.00 to C$202.00 and gave the stock an “outperform” rating in a research report on Thursday. Raymond James Financial boosted their price target on National Bank of Canada from C$179.00 to C$200.00 and gave the company a “market perform” rating in a research note on Thursday. Desjardins lifted their price objective on National Bank of Canada from C$182.00 to C$200.00 and gave the company a “buy” rating in a report on Thursday. Finally, Jefferies Financial Group increased their target price on National Bank of Canada from C$156.00 to C$165.00 in a report on Wednesday, February 11th. Four analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of C$182.33.

National Bank of Canada Trading Up 1.3%

TSE:NA traded up C$2.46 during trading hours on Thursday, hitting C$191.69. 884,043 shares of the company traded hands, compared to its average volume of 1,489,403. National Bank of Canada has a twelve month low of C$106.67 and a twelve month high of C$192.39. The firm has a 50-day moving average of C$171.87 and a 200 day moving average of C$161.33. The stock has a market capitalization of C$74.82 billion, a price-to-earnings ratio of 19.04, a P/E/G ratio of 7.14 and a beta of 1.05.

National Bank of Canada (TSE:NA) last released its earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 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. Equities research analysts predict that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal 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

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.