Canadian Imperial Bank of Commerce Forecasts Strong Price Appreciation for National Bank of Canada (TSE:NA) Stock

National Bank of Canada (TSE:NA) had its target price upped by analysts at Canadian Imperial Bank of Commerce from C$189.00 to C$193.00 in a research note issued to investors on Thursday,BayStreet.CA reports. Canadian Imperial Bank of Commerce’s target price points to a potential upside of 1.38% from the company’s previous close.

NA has been the topic of several other reports. Desjardins increased their price objective on National Bank of Canada from C$182.00 to C$200.00 and gave the company a “buy” rating in a research report on Thursday. Canaccord Genuity Group upped their target price on shares of National Bank of Canada from C$170.00 to C$180.00 and gave the company a “hold” rating in a research note on Thursday, February 12th. Royal Bank Of Canada raised their price target on shares of National Bank of Canada from C$163.00 to C$193.00 in a report on Thursday. Barclays lifted their price target on shares of National Bank of Canada from C$164.00 to C$177.00 in a research note on Thursday, February 19th. Finally, Raymond James Financial boosted their price objective on shares of National Bank of Canada from C$179.00 to C$200.00 and gave the company a “market perform” rating in a report on Thursday. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, National Bank of Canada has an average rating of “Hold” and a consensus price target of C$191.10.

National Bank of Canada Stock Down 1.1%

Shares of TSE NA opened at C$190.37 on Thursday. National Bank of Canada has a twelve month low of C$106.67 and a twelve month high of C$193.71. The firm has a market cap of C$74.30 billion, a P/E ratio of 18.90, a PEG ratio of 7.14 and a beta of 1.05. The company has a 50 day moving average of C$172.53 and a 200 day moving average of C$161.85.

National Bank of Canada (TSE:NA) last issued its earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 EPS for the quarter. The business had revenue of C$3.89 billion for the quarter. National Bank of Canada had a return on equity of 15.43% and a net margin of 19.69%. As a group, equities analysts expect that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

National Bank of Canada News Roundup

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

• Positive Sentiment: Desjardins raised its price target to C$200 and set a “buy” rating, signaling stronger bullish institutional conviction and adding upside to consensus expectations. Desjardins Raises Target
• Positive Sentiment: BMO Capital Markets lifted its target to C$195 and kept an “outperform” stance, which supports investor optimism about earnings resilience. BMO Raises Target
• Positive Sentiment: Scotiabank moved its target to C$202 and maintained an “outperform” view—another major bank upgrade that reinforces sector-level strength. Scotiabank Upgrade
• Positive Sentiment: Raymond James raised its target to C$200 (market perform) and RBC lifted its target to C$193; both moves add to the cluster of higher targets from large dealers. BayStreet Analyst Summary
• Positive Sentiment: Canadian Imperial Bank of Commerce raised its target to C$193, and Barclays raised its target to C$183 (see below for nuance) — overall more upward pressure on consensus targets. CIBC Raises Target
• Positive Sentiment: Macro/sector note — MoneySense highlights “big gains for Canada’s banks in Q1,” supporting a favorable backdrop for NA shares amid stronger net interest income and trading activity expectations. MoneySense Bank Q1 Note
• Neutral Sentiment: Canaccord raised its target to C$191 but keeps a “hold” — the move narrows uncertainty but doesn’t signal a clear buy-case; impact is mixed. Canaccord Update
• Negative Sentiment: Jefferies set a new target at C$172 and TD at C$182 (and Barclays’ C$183 sits below the recent market price), which could cap upside and add selling pressure from investors focused on target/price gaps. Jefferies Target TD Target

About National Bank of Canada

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.