National Bank of Canada (TSE:NA) Price Target Raised to C$200.00

National Bank of Canada (TSE:NA) had its price target upped by research analysts at Raymond James Financial from C$179.00 to C$200.00 in a report issued on Thursday,BayStreet.CA reports. The brokerage presently has a “market perform” rating on the financial services provider’s stock. Raymond James Financial’s price objective points to a potential upside of 4.34% from the stock’s current price.

A number of other research firms have also commented on NA. Barclays lifted their price objective on National Bank of Canada from C$164.00 to C$177.00 in a research note on Thursday, February 19th. Canadian Imperial Bank of Commerce raised National Bank of Canada from a “hold” rating to an “outperform” rating and lifted their price target for the stock from C$179.00 to C$189.00 in a research report on Friday, February 13th. Jefferies Financial Group boosted their target price on shares of National Bank of Canada from C$156.00 to C$165.00 in a research report on Wednesday, February 11th. TD Securities reduced their price target on shares of National Bank of Canada from C$181.00 to C$175.00 in a report on Monday, February 9th. Finally, Scotiabank boosted 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 report on Thursday. Four analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of C$182.33.

National Bank of Canada Price Performance

NA traded up C$2.46 on Thursday, hitting C$191.69. The company 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 price-to-earnings ratio of 19.04, a price-to-earnings-growth ratio of 7.14 and a beta of 1.05. The company’s fifty day moving average price is C$171.87 and its 200 day moving average price is C$161.33. National Bank of Canada has a 1-year low of C$106.67 and a 1-year high of C$192.39.

National Bank of Canada (TSE:NA) last issued its quarterly earnings data on Wednesday, February 25th. The financial services provider reported C$3.25 earnings per share for the quarter. The business 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 forecast that National Bank of Canada will post 10.8360791 EPS for the current year.

Trending Headlines about 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.