National Bank of Canada (TSE:NA) – Investment analysts at Desjardins lifted their FY2017 EPS estimates for National Bank of Canada in a research note issued to investors on Monday. Desjardins analyst D. Young now expects that the financial services provider will post earnings of $5.43 per share for the year, up from their previous estimate of $5.38. Desjardins also issued estimates for National Bank of Canada’s Q4 2017 earnings at $1.38 EPS and FY2019 earnings at $6.12 EPS.

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Several other equities analysts have also issued reports on NA. Canaccord Genuity upped their target price on National Bank of Canada from C$62.00 to C$66.00 in a report on Wednesday, November 1st. Scotiabank upped their target price on National Bank of Canada from C$60.00 to C$61.00 and gave the company an “outperform” rating in a report on Monday, August 21st. Royal Bank Of Canada increased 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 report on Thursday, August 31st. TD Securities increased 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 report on Thursday, August 31st. Finally, BMO Capital Markets increased their price objective 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 investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. National Bank of Canada currently has an average rating of “Hold” and a consensus target price of C$61.08.

National Bank of Canada (NA) opened at C$63.42 on Tuesday. National Bank of Canada has a twelve month low of C$46.71 and a twelve month high of C$63.34.

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, November 1st. Shareholders of record on Monday, September 25th were issued a dividend of $0.58 per share. This represents a $2.32 annualized dividend and a yield of 3.66%. The ex-dividend date of this dividend was Friday, September 22nd.

In related news, Director Richard Fortin purchased 5,000 shares of the business’s stock in a transaction dated Thursday, September 21st. The stock was purchased at an average cost of C$57.90 per share, with a total value of C$289,500.00. Also, insider Elaine Marchand sold 6,100 shares of the firm’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of C$59.50, for a total value of C$362,950.00. Over the last three months, insiders have acquired 16,900 shares of company stock valued at $988,018 and have sold 17,100 shares valued at $980,254.

About National Bank of Canada

Earnings History and Estimates for National Bank of Canada (TSE:NA)

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