Barclays Increases National Bank of Canada (TSE:NA) Price Target to C$183.00

National Bank of Canada (TSE:NA) had its target price boosted by equities research analysts at Barclays from C$177.00 to C$183.00 in a research report issued to clients and investors on Thursday,BayStreet.CA reports. The brokerage currently has an “equal weight” rating on the financial services provider’s stock. Barclays‘s price objective would suggest a potential downside of 4.53% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Canadian Imperial Bank of Commerce increased their target price on shares of National Bank of Canada from C$189.00 to C$193.00 in a report on Thursday. Jefferies Financial Group raised their price objective on National Bank of Canada from C$165.00 to C$172.00 in a research note on Thursday. Canaccord Genuity Group lifted their price objective on National Bank of Canada from C$170.00 to C$180.00 and gave the stock a “hold” rating in a report on Thursday, February 12th. Desjardins boosted their target price on National Bank of Canada from C$182.00 to C$200.00 and gave the stock a “buy” rating in a research report on Thursday. Finally, Royal Bank Of Canada raised their price target on National Bank of Canada from C$163.00 to C$193.00 in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, National Bank of Canada has a consensus rating of “Hold” and a consensus price target of C$182.33.

National Bank of Canada Stock Up 1.3%

TSE:NA traded up C$2.46 during midday trading on Thursday, reaching C$191.69. The stock had a trading volume of 884,043 shares, compared to its average volume of 1,489,403. The stock has a market cap of C$74.82 billion, a P/E ratio of 19.04, a P/E/G ratio of 7.14 and a beta of 1.05. The firm has a fifty day simple moving average of C$171.87 and a two-hundred day simple moving average of C$161.33. National Bank of Canada has a 12-month low of C$106.67 and a 12-month high of C$192.39.

National Bank of Canada (TSE:NA) last announced its quarterly earnings data on Wednesday, February 25th. The financial services provider reported C$3.25 EPS for the quarter. The company had revenue of C$3.89 billion during the quarter. National Bank of Canada had a net margin of 19.69% and a return on equity of 15.43%. On average, sell-side analysts anticipate that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

Key Stories Impacting National Bank of Canada

Here are the key news stories impacting National Bank of Canada this week:

• Positive Sentiment: Q1 earnings beat: NA reported C$3.25 EPS and C$3.89B revenue, with strong profitability metrics (net margin ~19.7%, ROE ~15.4%). Management posted the press release, slide deck and held a conference call — all indicating solid underlying results. MarketBeat: Earnings release & call
• Positive Sentiment: Net profit rose to about $1.25B from $997M a year earlier, reflecting stronger wealth-management results and contributions from the Great Western Bank acquisition — a clear driver of the quarter’s outperformance. BNN Bloomberg: Q1 profit up to $1.25B
• Positive Sentiment: Analyst upgrade / higher target: Scotiabank raised its price target to C$202 and kept an “outperform” rating — providing third‑party validation for upside potential. BayStreet.CA: Scotiabank raises target to C$202
• Positive Sentiment: Share‑buyback signal: The bank announced intent to amend its normal course issuer bid, which may lead to increased buybacks (supportive for EPS and share price if executed). Newswire: NCIB amendment intention
• Neutral Sentiment: Broader market context: Coverage noted Toronto stocks advancing with National Bank highlighted for the earnings beat — supportive market tone but subject to broader market moves. MarketWatch: Toronto stocks advance
• Neutral Sentiment: Brand / marketing item: National Bank announced a partnership with tennis player Victoria Mboko — positive PR but unlikely to move fundamentals materially. CantechLetter: Partnership with Victoria Mboko

About National Bank of Canada

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.