National Bank of Canada (TSE:NA) Director Richard Fortin bought 4,000 shares of the firm’s stock in a transaction dated Wednesday, September 27th. The shares were acquired at an average price of C$59.40 per share, for a total transaction of C$237,600.00.

Richard Fortin also recently made the following trade(s):

  • On Monday, September 25th, Richard Fortin bought 1,900 shares of National Bank of Canada stock. The shares were acquired at an average price of C$58.02 per share, for a total transaction of C$110,238.00.
  • On Tuesday, September 26th, Richard Fortin bought 4,000 shares of National Bank of Canada stock. The shares were acquired at an average price of C$58.79 per share, for a total transaction of C$235,160.00.
  • On Friday, September 22nd, Richard Fortin bought 2,000 shares of National Bank of Canada stock. The shares were acquired at an average price of C$57.76 per share, for a total transaction of C$115,520.00.
  • On Thursday, September 21st, Richard Fortin bought 5,000 shares of National Bank of Canada stock. The shares were acquired at an average price of C$57.90 per share, for a total transaction of C$289,500.00.

National Bank of Canada (NA) traded up 0.51% during trading on Thursday, reaching $59.51. The company had a trading volume of 122,228 shares. The firm has a market capitalization of $20.30 billion and a PE ratio of 12.46. National Bank of Canada has a 12-month low of $45.11 and a 12-month high of $59.58. The firm’s 50 day moving average price is $56.40 and its 200 day moving average price is $55.27.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 1st. Shareholders of record on Monday, September 25th will be issued a $0.58 dividend. The ex-dividend date is Friday, September 22nd. This represents a $2.32 dividend on an annualized basis and a yield of 3.95%.

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Several analysts have recently commented on the company. Scotiabank increased their target price on National Bank of Canada from C$60.00 to C$61.00 and gave the stock an “outperform” rating in a report on Monday, August 21st. Royal Bank Of Canada raised their price target on National Bank of Canada from C$62.00 to C$65.00 and gave the company an “outperform” rating in a report on Thursday, August 31st. Canaccord Genuity raised their price target on National Bank of Canada from C$60.00 to C$62.00 in a report on Thursday, August 31st. TD Securities raised their price target on National Bank of Canada from C$60.00 to C$61.00 and gave the company a “hold” rating in a report on Thursday, August 31st. Finally, BMO Capital Markets raised their price target on National Bank of Canada from C$60.00 to C$61.00 and gave the company a “market perform” rating in a report on Thursday, August 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of C$60.75.

About National Bank of Canada

Insider Buying and Selling by Quarter for National Bank of Canada (TSE:NA)

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