National Bank of Canada (TSE:NA) Stock Rating Upgraded by Canadian Imperial Bank of Commerce

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

NA has been the subject of several other reports. Scotiabank boosted their price objective on shares of National Bank of Canada from C$214.00 to C$222.00 and gave the company a “sector outperform” rating in a research note on Tuesday, June 16th. TD increased their target price on National Bank of Canada from C$202.00 to C$227.00 and gave the stock a “hold” rating in a research report on Wednesday, August 12th. Desjardins cut National Bank of Canada from a “buy” rating to a “hold” rating and lifted their target price for the company from C$217.00 to C$238.00 in a report on Wednesday, August 5th. Jefferies Financial Group boosted their price target on National Bank of Canada from C$196.00 to C$208.00 and gave the company a “hold” rating in a research report on Thursday, August 13th. Finally, Canaccord Genuity Group upped their price target on National Bank of Canada from C$205.00 to C$224.00 and gave the stock a “hold” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of C$208.54.

National Bank of Canada Trading Down 1.8%

Shares of TSE:NA opened at C$222.05 on Tuesday. The stock’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 has a 12-month low of C$141.46 and a 12-month high of C$237.13. The firm has a market cap of C$85.52 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 7.14 and a beta of 1.35.

National Bank of Canada (TSE:NA) last issued its quarterly earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 EPS for the quarter. The firm 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, research analysts forecast that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

Insider Activity

In other National Bank of Canada news, Director Yvon Charest bought 191 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the purchase, the director owned 21,193 shares in the company, valued at approximately C$4,942,419.53. The trade was a 0.91% increase in their position. 0.21% of the stock is owned by insiders.

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).