National Bank of Canada (TSE:NA) had its target price increased by BMO Capital Markets from C$60.00 to C$61.00 in a research report released on Thursday morning. The firm currently has a market perform rating on the financial services provider’s stock.

Other research analysts have also recently issued research reports about the company. Canaccord Genuity boosted their price target on National Bank of Canada from C$60.00 to C$62.00 in a research note on Thursday. Eight Capital boosted their price target on National Bank of Canada from C$60.00 to C$62.00 in a research note on Thursday, June 1st. TD Securities upped their price objective on National Bank of Canada from C$60.00 to C$61.00 and gave the company a hold rating in a research report on Thursday. Royal Bank Of Canada upped their price objective on National Bank of Canada from C$62.00 to C$65.00 and gave the company an outperform rating in a research report on Thursday. Finally, Scotiabank upped their price objective on National Bank of Canada from C$61.00 to C$65.00 and gave the company an outperform rating in a research report on Thursday. One research analyst has rated the stock with a sell rating, four have issued a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of C$60.75.

National Bank of Canada (TSE NA) opened at 57.15 on Thursday. The company has a market cap of $19.52 billion and a P/E ratio of 12.10. National Bank of Canada has a 52 week low of $45.11 and a 52 week high of $59.12. The firm has a 50-day moving average price of $56.00 and a 200-day moving average price of $55.37.

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The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 1st. Investors of record on Monday, September 25th will be given a dividend of $0.58 per share. This represents a $2.32 dividend on an annualized basis and a yield of 4.06%.

About National Bank of Canada

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

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