National Bank of Canada (TSE:NA) Given a C$168.00 Price Target by Raymond James Financial Analysts

National Bank of Canada (TSE:NA) received a C$168.00 price objective from investment analysts at Raymond James Financial in a note issued to investors on Tuesday,BayStreet.CA reports. The firm presently has a “market perform” rating on the financial services provider’s stock. Raymond James Financial’s target price suggests a potential upside of 1.76% from the company’s previous close.

A number of other research firms have also recently issued reports on NA. TD Securities upped their price objective on National Bank of Canada from C$148.00 to C$161.00 in a report on Monday, November 10th. Cibc World Mkts raised National Bank of Canada from a “strong sell” rating to a “hold” rating in a research note on Friday, August 1st. Barclays increased their price target on shares of National Bank of Canada from C$147.00 to C$158.00 and gave the company an “equal weight” rating in a research report on Monday. Jefferies Financial Group decreased their price target on shares of National Bank of Canada from C$153.00 to C$152.00 and set a “hold” rating on the stock in a research note on Tuesday. Finally, Royal Bank Of Canada cut their price objective on shares of National Bank of Canada from C$152.00 to C$148.00 and set a “sector perform” rating for the company in a research note on Thursday, August 28th. Three analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, National Bank of Canada presently has a consensus rating of “Hold” and an average target price of C$150.77.

National Bank of Canada Stock Up 0.9%

Shares of NA stock traded up C$1.44 during trading on Tuesday, hitting C$165.09. The company had a trading volume of 433,055 shares, compared to its average volume of 1,816,546. The stock’s 50-day moving average is C$154.51 and its two-hundred day moving average is C$145.29. The stock has a market capitalization of C$64.74 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 7.14 and a beta of 1.08. National Bank of Canada has a 52 week low of C$106.67 and a 52 week high of C$165.17.

National Bank of Canada Company Profile

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.