BMO Capital Markets Forecasts Strong Price Appreciation for National Bank of Canada (TSE:NA) Stock

National Bank of Canada (TSE:NA) had its price target hoisted by research analysts at BMO Capital Markets from C$177.00 to C$195.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The firm presently has an “outperform” rating on the financial services provider’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 1.73% from the stock’s previous close.

Several other research analysts also recently weighed in on the stock. Desjardins upped their price target on shares of 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. Scotiabank upped their target price on National Bank of Canada from C$188.00 to C$202.00 and gave the company an “outperform” rating in a research report on Thursday. Canaccord Genuity Group upped 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. Canadian Imperial Bank of Commerce upgraded shares of National Bank of Canada from a “hold” rating to an “outperform” rating and increased their price target for the company from C$179.00 to C$189.00 in a research report on Friday, February 13th. Finally, TD Securities lowered their price objective on National Bank of Canada from C$181.00 to C$175.00 in a research report on Monday, February 9th. Four investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, National Bank of Canada currently has an average rating of “Hold” and a consensus price target of C$182.33.

National Bank of Canada Trading Up 1.3%

Shares of National Bank of Canada stock traded up C$2.46 on Thursday, hitting C$191.69. 884,043 shares of the company traded hands, compared to its average volume of 1,489,403. The company has a market cap of C$74.82 billion, a PE ratio of 19.04, a PEG ratio of 7.14 and a beta of 1.05. National Bank of Canada has a 52 week low of C$106.67 and a 52 week high of C$192.39. The stock’s 50 day moving average price is C$171.87 and its 200-day moving average price is C$161.33.

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

National Bank of Canada News Roundup

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.