National Bank of Canada (TSE:NA) Price Target Raised to C$224.00

National Bank of Canada (TSE:NA) had its target price hoisted by Royal Bank Of Canada from C$214.00 to C$224.00 in a research note published on Thursday,BayStreet.CA reports. They currently have a sector perform rating on the financial services provider’s stock.

A number of other equities research analysts have also recently weighed in on the company. Canadian Imperial Bank of Commerce upgraded National Bank of Canada from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Raymond James Financial reduced their price objective on National Bank of Canada from C$226.50 to C$223.00 and set a “market perform” rating for the company in a report on Thursday. Jefferies Financial Group boosted their target price on National Bank of Canada from C$208.00 to C$212.00 in a research report on Thursday. TD lowered their target price on National Bank of Canada from C$227.00 to C$226.00 and set a “hold” rating on the stock in a report on Thursday. Finally, Barclays raised their price target on National Bank of Canada from C$188.00 to C$220.00 in a research report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of C$216.33.

National Bank of Canada Trading Up 0.4%

Shares of National Bank of Canada stock opened at C$213.86 on Thursday. National Bank of Canada has a 12-month low of C$142.99 and a 12-month high of C$237.13. The stock has a market cap of C$82.37 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 7.14 and a beta of 1.35. The company has a 50-day moving average of C$225.40 and a two-hundred day moving average of C$205.29.

National Bank of Canada (TSE:NA) last posted its quarterly earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. The company had revenue of C$3.91 billion during the quarter. National Bank of Canada had a net margin of 14.92% and a return on equity of 14.36%. On average, sell-side analysts forecast that National Bank of Canada will post 10.8360791 EPS for the current fiscal year.

National Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Saturday, August 1st were given a $1.32 dividend. This is a boost from National Bank of Canada’s previous quarterly dividend of $1.24. This represents a $5.28 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, June 29th. National Bank of Canada’s dividend payout ratio (DPR) is currently 42.83%.

Insider Buying and Selling at National Bank of Canada

In related news, Director Yvon Charest acquired 191 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average cost of C$233.21 per share, for a total transaction of C$44,543.11. Following the transaction, the director directly owned 21,193 shares of the company’s stock, valued at approximately C$4,942,419.53. This trade represents a 0.91% increase in their position. 0.21% of the stock is currently owned by company insiders.

National Bank of Canada News Roundup

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

• Positive Sentiment: National Bank said mortgage growth has reached a record pace, with the bank leaning more heavily on the broker channel to capture demand. Stronger mortgage volumes could support loan growth and interest income. National Bank leans on broker channel as mortgage growth hits record pace
• Positive Sentiment: Scotiabank raised its price target to C$243 from C$241 and maintained a “sector outperform” rating. RBC also increased its target to C$224 from C$214, although it retained a “sector perform” rating. These revisions indicate that some analysts see additional upside for NA. Analyst ratings
• Neutral Sentiment: Management warned that tariffs will make business more difficult, highlighting risks to economic activity and corporate customers. However, the CEO remains encouraged by a potential “silver lining,” which could help temper concerns about the effect on the bank’s outlook. National Bank CEO discusses tariffs and the company outlook
• Neutral Sentiment: Analyst views were mixed: Desjardins cut its target to C$230 from C$238, TD reduced its target to C$226 from C$227, and Raymond James lowered its target to C$223 from C$226.50, all maintaining hold or market perform ratings. Jefferies raised its target modestly to C$212 from C$208, but its new target implies little upside. Analyst ratings

About National Bank of Canada

With $618 billion in assets as at April 30, 2026, National Bank of Canada (the ‘Bank’) is one of Canada’s six systemically important banks. The Bank has more than 35,000 employees in knowledge-intensive positions and operates through three business segments in Canada: Personal and Commercial Banking, Wealth Management and Financial Markets. A fourth segment, U.S. Specialty Finance and International, complements the growth of its domestic operations. Its securities are listed on the Toronto Stock Exchange (TSX: NA).