National Bank of Canada (TSE:NA) Director Louis Vachon sold 73,232 shares of the stock in a transaction on Tuesday, December 5th. The stock was sold at an average price of C$63.43, for a total value of C$4,645,105.76.

Shares of National Bank of Canada (TSE NA) opened at C$64.14 on Friday. National Bank of Canada has a 1-year low of C$51.41 and a 1-year high of C$64.39.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Wednesday, December 27th will be issued a dividend of $0.60 per share. This is a boost from National Bank of Canada’s previous quarterly dividend of $0.58. This represents a $2.40 dividend on an annualized basis and a yield of 3.74%. National Bank of Canada’s dividend payout ratio is 42.38%.

Several research analysts have recently weighed in on NA shares. Canaccord Genuity increased their price target on National Bank of Canada from C$62.00 to C$66.00 in a research note on Wednesday, November 1st. CIBC increased their price target on National Bank of Canada from C$62.00 to C$68.00 in a research note on Monday, November 13th. BMO Capital Markets increased their price target on National Bank of Canada from C$60.00 to C$61.00 and gave the stock a “market perform” rating in a research note on Thursday, August 31st. TD Securities increased their price target on National Bank of Canada from C$60.00 to C$61.00 and gave the stock a “hold” rating in a research note on Thursday, August 31st. Finally, Royal Bank Of Canada increased their price target on National Bank of Canada from C$62.00 to C$65.00 and gave the stock an “outperform” rating in a research note on Thursday, August 31st. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of C$64.50.

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