National Bank of Canada (TSE:NA) Price Target Raised to C$243.00

National Bank of Canada (TSE:NA) had its price target increased by Scotiabank from C$241.00 to C$243.00 in a report issued on Thursday,BayStreet.CA reports. The firm currently has a sector outperform rating on the financial services provider’s stock.

A number of other equities analysts have also recently issued reports on NA. Jefferies Financial Group upped their price target on shares of National Bank of Canada from C$196.00 to C$208.00 and gave the stock a “hold” rating in a research note on Thursday, August 13th. Raymond James Financial raised their price objective on shares of National Bank of Canada from C$203.00 to C$226.50 and gave the company a “market perform” rating in a research note on Wednesday, August 12th. Canadian Imperial Bank of Commerce raised shares of National Bank of Canada from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 18th. Barclays upped their target price on shares of National Bank of Canada from C$188.00 to C$220.00 in a research note on Friday, August 21st. Finally, Desjardins cut shares of National Bank of Canada from a “buy” rating to a “hold” rating and increased their price target for the company from C$217.00 to C$238.00 in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, National Bank of Canada currently has an average rating of “Hold” and an average price target of C$216.33.

National Bank of Canada Trading Up 0.4%

National Bank of Canada stock opened at C$213.86 on Thursday. The firm has a 50 day simple moving average of C$225.40 and a 200 day simple moving average of C$205.29. The firm has a market capitalization of C$82.37 billion, a price-to-earnings ratio of 18.93, a P/E/G ratio of 7.14 and a beta of 1.35. National Bank of Canada has a 1-year low of C$142.99 and a 1-year high of C$237.13.

National Bank of Canada (TSE:NA) last released its earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 EPS for the quarter. National Bank of Canada had a return on equity of 14.36% and a net margin of 14.92%.The business had revenue of C$3.91 billion for the quarter. On average, equities research analysts forecast that National Bank of Canada will post 10.8360791 EPS for the current year.

National Bank of Canada Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, August 1st. Investors of record on Saturday, August 1st were issued a $1.32 dividend. This represents a $5.28 annualized dividend and a yield of 2.5%. The ex-dividend date was Monday, June 29th. This is a positive change from National Bank of Canada’s previous quarterly dividend of $1.24. National Bank of Canada’s dividend payout ratio is 42.83%.

Insiders Place Their Bets

In related news, Director Yvon Charest bought 191 shares of the stock in a transaction on Tuesday, August 18th. The shares were acquired at an average price of C$233.21 per share, for a total transaction of C$44,543.11. Following the purchase, the director owned 21,193 shares of the company’s stock, valued at approximately C$4,942,419.53. The trade was a 0.91% increase in their ownership of the stock. Company insiders own 0.21% of the company’s stock.

Trending Headlines about National Bank of Canada

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).