National Bank of Canada (TSE:NA – Get Free Report) had its price objective raised by research analysts at Jefferies Financial Group from C$165.00 to C$172.00 in a report issued on Thursday,BayStreet.CA reports. Jefferies Financial Group’s target price would indicate a potential downside of 9.65% from the stock’s current price.
Several other research firms have also recently weighed in on NA. Scotiabank upped their price objective on shares of National Bank of Canada from C$188.00 to C$202.00 and gave the stock an “outperform” rating in a research report on Thursday. Canaccord Genuity Group lifted their target price on shares of National Bank of Canada from C$170.00 to C$180.00 and gave the company a “hold” rating in a research report on Thursday, February 12th. TD Securities increased their price target on shares of National Bank of Canada from C$175.00 to C$182.00 in a report on Thursday. Barclays raised their price objective on shares of National Bank of Canada from C$164.00 to C$177.00 in a research report on Thursday, February 19th. Finally, BMO Capital Markets lifted their price objective on shares of National Bank of Canada from C$177.00 to C$195.00 and gave the stock an “outperform” rating in a report on Thursday. Four investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of C$191.10.
Read Our Latest Research Report on National Bank of Canada
National Bank of Canada Stock Performance
National Bank of Canada (TSE:NA – Get Free Report) last posted its earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 EPS for the quarter. National Bank of Canada had a return on equity of 15.43% and a net margin of 19.69%.The business had revenue of C$3.89 billion during the quarter. On average, sell-side analysts forecast that National Bank of Canada will post 10.8360791 EPS for the current fiscal year.
Key Headlines Impacting National Bank of Canada
Here are the key news stories impacting National Bank of Canada this week:
- Positive Sentiment: Desjardins raised its price target to C$200 and set a “buy” rating, signaling stronger bullish institutional conviction and adding upside to consensus expectations. Desjardins Raises Target
- Positive Sentiment: BMO Capital Markets lifted its target to C$195 and kept an “outperform” stance, which supports investor optimism about earnings resilience. BMO Raises Target
- Positive Sentiment: Scotiabank moved its target to C$202 and maintained an “outperform” view—another major bank upgrade that reinforces sector-level strength. Scotiabank Upgrade
- Positive Sentiment: Raymond James raised its target to C$200 (market perform) and RBC lifted its target to C$193; both moves add to the cluster of higher targets from large dealers. BayStreet Analyst Summary
- Positive Sentiment: Canadian Imperial Bank of Commerce raised its target to C$193, and Barclays raised its target to C$183 (see below for nuance) — overall more upward pressure on consensus targets. CIBC Raises Target
- Positive Sentiment: Macro/sector note — MoneySense highlights “big gains for Canada’s banks in Q1,” supporting a favorable backdrop for NA shares amid stronger net interest income and trading activity expectations. MoneySense Bank Q1 Note
- Neutral Sentiment: Canaccord raised its target to C$191 but keeps a “hold” — the move narrows uncertainty but doesn’t signal a clear buy-case; impact is mixed. Canaccord Update
- Negative Sentiment: Jefferies set a new target at C$172 and TD at C$182 (and Barclays’ C$183 sits below the recent market price), which could cap upside and add selling pressure from investors focused on target/price gaps. Jefferies Target TD Target
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.
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