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

National Bank of Canada (TSE:NA) had its price target lifted by investment analysts at Desjardins from C$182.00 to C$200.00 in a report released on Thursday,BayStreet.CA reports. The firm presently has a “buy” rating on the financial services provider’s stock. Desjardins’ target price suggests a potential upside of 5.06% from the company’s previous close.

A number of other brokerages also recently issued reports on NA. Scotiabank increased their price target on shares of National Bank of Canada from C$188.00 to C$202.00 and gave the company an “outperform” rating in a report on Thursday. BMO Capital Markets upped their target price on shares of National Bank of Canada from C$172.00 to C$177.00 in a research report on Wednesday, December 17th. Barclays lifted their price target on shares of National Bank of Canada from C$164.00 to C$177.00 in a research report on Thursday, February 19th. Canaccord Genuity Group upped their price target 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. Finally, Raymond James Financial lifted their price objective on National Bank of Canada from C$173.00 to C$179.00 and gave the stock a “market perform” rating in a report on Tuesday, February 17th. Four research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of C$191.10.

National Bank of Canada Trading Down 1.1%

Shares of NA stock opened at C$190.37 on Thursday. The stock has a 50 day simple moving average of C$172.53 and a 200-day simple moving average of C$161.85. The company has a market cap of C$74.30 billion, a price-to-earnings ratio of 18.90, a price-to-earnings-growth ratio of 7.14 and a beta of 1.05. National Bank of Canada has a 12-month low of C$106.67 and a 12-month high of C$193.71.

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

Trending Headlines about 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.