Canadian Imperial Bank of Commerce Upgrades National Bank of Canada (TSE:NA) to “Strong-Buy”

National Bank of Canada (TSE:NA) was upgraded by Canadian Imperial Bank of Commerce from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities analysts also recently weighed in on NA. Scotiabank boosted their target price on shares of National Bank of Canada from C$214.00 to C$222.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, June 16th. Jefferies Financial Group increased their price target on shares of National Bank of Canada from C$196.00 to C$208.00 and gave the company a “hold” rating in a research note on Thursday, August 13th. Raymond James Financial boosted their price objective on shares of National Bank of Canada from C$203.00 to C$226.50 and gave the stock a “market perform” rating in a research report on Wednesday, August 12th. TD lifted their target price on National Bank of Canada from C$202.00 to C$227.00 and gave the company a “hold” rating in a research note on Wednesday, August 12th. Finally, Desjardins lowered National Bank of Canada from a “buy” rating to a “hold” rating and upped their price target for the company from C$217.00 to C$238.00 in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of C$208.54.

National Bank of Canada Trading Down 1.8%

Shares of National Bank of Canada stock opened at C$222.05 on Tuesday. The stock has a market capitalization of C$85.52 billion, a price-to-earnings ratio of 19.65, 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$141.46 and a 1-year high of C$237.13. The firm’s 50-day moving average price is C$225.17 and its two-hundred day moving average price is C$203.07.

National Bank of Canada (TSE:NA) last posted its 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 16.87% and a return on equity of 13.77%. As a group, equities research analysts predict that National Bank of Canada will post 10.8360791 EPS for the current year.

Insider Activity 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 shares were acquired at an average cost of C$233.21 per share, with a total value of C$44,543.11. Following the transaction, the director owned 21,193 shares of the company’s stock, valued at C$4,942,419.53. The trade was a 0.91% increase in their position. 0.21% of the stock is currently owned by insiders.

National Bank of Canada Company Profile

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).