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

National Bank of Canada (TSE:NAGet Free Report) had its price objective decreased by equities research analysts at Raymond James Financial from C$226.50 to C$223.00 in a research report issued on Thursday,BayStreet.CA reports. The brokerage currently has a “market perform” rating on the financial services provider’s stock. Raymond James Financial’s price objective indicates a potential upside of 5.39% from the company’s previous close.

Several other research analysts have also recently weighed in on the company. Canaccord Genuity Group upped their price objective on National Bank of Canada from C$205.00 to C$224.00 and gave the stock a “hold” rating in a research report on Tuesday, July 7th. Barclays boosted their target price on National Bank of Canada from C$188.00 to C$220.00 in a research note on Friday, August 21st. Desjardins cut shares of National Bank of Canada from a “buy” rating to a “hold” rating and raised their price target for the stock from C$217.00 to C$238.00 in a research note on Wednesday, August 5th. Jefferies Financial Group lifted their price objective on shares of National Bank of Canada from C$196.00 to C$208.00 and gave the company a “hold” rating in a report on Thursday, August 13th. Finally, Canadian Imperial Bank of Commerce raised shares of National Bank of Canada from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. One investment 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 company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of C$216.33.

Read Our Latest Report on National Bank of Canada

National Bank of Canada Stock Down 0.7%

NA traded down C$1.58 during trading on Thursday, hitting C$211.60. The company had a trading volume of 686,860 shares, compared to its average volume of 1,424,754. The company has a market capitalization of C$81.50 billion, a PE ratio of 18.73, a PEG ratio of 7.14 and a beta of 1.35. National Bank of Canada has a one year low of C$142.52 and a one year high of C$237.13. The firm’s 50-day moving average price is C$225.71 and its 200 day moving average price is C$204.92.

National Bank of Canada (TSE:NAGet Free Report) last released its quarterly earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share (EPS) for the quarter. The firm had revenue of C$3.91 billion for the quarter. National Bank of Canada had a return on equity of 13.77% and a net margin of 16.87%. Sell-side analysts forecast that National Bank of Canada will post 10.8360791 earnings per share for the current year.

Insider Buying and Selling at National Bank of Canada

In related news, Director Yvon Charest purchased 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, with a total value of C$44,543.11. Following the transaction, 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 ownership of the stock. 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).

Further Reading

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

Receive News & Ratings for National Bank of Canada Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Bank of Canada and related companies with MarketBeat.com's FREE daily email newsletter.