National Bank of Canada (TSE:NA) Price Target Cut to C$223.00 by Analysts at TD

National Bank of Canada (TSE:NA – Get Free Report) had its price target decreased by stock analysts at TD from C$226.00 to C$223.00 in a report released on Thursday, BayStreet reports. The brokerage currently has a “hold” rating on the financial services provider’s stock. TD‘s target price would suggest a potential upside of 3.22% from the company’s current price.

NA has been the topic of a number of other research reports. Scotiabank boosted their price objective on National Bank of Canada from C$241.00 to C$243.00 and gave the stock a “sector outperform” rating in a research note on Thursday, August 27th. Canadian Imperial Bank of Commerce lowered their target price on National Bank of Canada from C$249.00 to C$242.00 and set an “outperformer” rating on the stock in a report on Thursday, September 3rd. Royal Bank Of Canada lifted their target price on National Bank of Canada from C$214.00 to C$224.00 and gave the stock a “sector perform” rating in a report on Thursday, August 27th. Jefferies Financial Group boosted their price target on shares of National Bank of Canada from C$212.00 to C$213.00 in a research report on Thursday, September 3rd. Finally, Desjardins set a C$230.00 price target on shares of National Bank of Canada and gave the company a “hold” rating in a report on Wednesday. Three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of C$218.25.

Read Our Latest Stock Analysis on NA

National Bank of Canada Price Performance

Shares of NA traded down C$1.18 during trading hours on Thursday, reaching C$216.04. 276,679 shares of the company’s stock traded hands, compared to its average volume of 1,451,953. The firm has a market capitalization of C$82.71 billion, a price-to-earnings ratio of 18.06, a P/E/G ratio of 7.14 and a beta of 1.25. National Bank of Canada has a twelve month low of C$160.01 and a twelve month high of C$237.13. The business’s fifty day simple moving average is C$209.04 and its two-hundred day simple moving average is C$204.30.

Insider Activity

In other news, Director Yvon Charest bought 191 shares of the stock in a transaction on Tuesday, August 18th. The shares were purchased at an average price of C$233.21 per share, for a total transaction of C$44,543.11. Following the completion of the purchase, the director directly owned 21,193 shares of the company’s stock, valued at C$4,942,419.53. This trade represents a 0.91% increase in their position. 0.21% of the stock is owned by company insiders.

National Bank of Canada Company Profile

(Get Free Report)

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).

See Also

Analyst Recommendations for National Bank of Canada (TSE:NA)

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