Royal Bank Of Canada Boosts National Bank of Canada (TSE:NA) Price Target to C$224.00

National Bank of Canada (TSE:NAGet Free Report) had its price objective raised by analysts at Royal Bank Of Canada from C$214.00 to C$224.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “sector perform” rating on the financial services provider’s stock. Royal Bank Of Canada’s price objective points to a potential upside of 5.86% from the stock’s current price.

NA has been the topic of several other reports. Desjardins decreased their price target on shares of National Bank of Canada from C$238.00 to C$230.00 and set a “hold” rating on the stock in a research report on Thursday. Canadian Imperial Bank of Commerce upgraded shares of National Bank of Canada from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 18th. Barclays increased their price target on shares of National Bank of Canada from C$188.00 to C$220.00 in a research report on Friday, August 21st. Raymond James Financial decreased their price objective 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. Finally, Jefferies Financial Group upped their price objective on National Bank of Canada from C$208.00 to C$212.00 in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of C$216.33.

Get Our Latest Stock Report on National Bank of Canada

National Bank of Canada Trading Down 0.7%

NA traded down C$1.58 during trading on Thursday, hitting C$211.60. The stock had a trading volume of 686,860 shares, compared to its average volume of 1,424,754. The firm has a market cap of C$81.50 billion, a PE ratio of 18.73, a P/E/G ratio of 7.14 and a beta of 1.35. National Bank of Canada has a 12 month low of C$142.52 and a 12 month high of C$237.13. The company has a 50 day simple moving average of C$225.71 and a 200-day simple moving average of C$204.92.

National Bank of Canada (TSE:NAGet Free Report) last released its quarterly earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. National Bank of Canada had a net margin of 16.87% and a return on equity of 13.77%. The company had revenue of C$3.91 billion during the quarter. As a group, sell-side analysts anticipate that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Yvon Charest bought 191 shares of the stock in a transaction dated Tuesday, August 18th. The stock was bought at an average cost of C$233.21 per share, with a total value of C$44,543.11. Following the purchase, the director 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 ownership of the stock. Insiders own 0.21% of the company’s stock.

About National Bank of Canada

(Get Free Report)

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).

Recommended Stories

Analyst Recommendations for National Bank of Canada (TSE:NA)

Receive News & Ratings for National Bank of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank of Canada and related companies with MarketBeat.com's FREE daily email newsletter.