Jefferies Financial Group Issues Positive Forecast for National Bank of Canada (TSE:NA) Stock Price

National Bank of Canada (TSE:NA) had its target price increased by Jefferies Financial Group from C$165.00 to C$172.00 in a report issued on Thursday,BayStreet.CA reports. Jefferies Financial Group’s price target points to a potential downside of 10.27% from the stock’s current price.

NA has been the topic of a number of other reports. TD Securities lifted their target price on National Bank of Canada from C$175.00 to C$182.00 in a research note on Thursday. Canadian Imperial Bank of Commerce upgraded shares of National Bank of Canada from a “hold” rating to an “outperform” rating and boosted their target price for the company from C$179.00 to C$189.00 in a research note on Friday, February 13th. BMO Capital Markets raised their price target on shares of National Bank of Canada from C$177.00 to C$195.00 and gave the stock an “outperform” rating in a research note on Thursday. Royal Bank Of Canada increased their price objective on National Bank of Canada from C$163.00 to C$193.00 in a report on Thursday. Finally, Scotiabank boosted their target price on National Bank of Canada from C$188.00 to C$202.00 and gave the company an “outperform” rating in a research note on Thursday. Four analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of C$182.33.

National Bank of Canada Trading Up 1.3%

National Bank of Canada stock traded up C$2.46 during midday trading on Thursday, reaching C$191.69. The stock had a trading volume of 884,043 shares, compared to its average volume of 1,489,403. The company has a fifty day moving average price of C$171.87 and a two-hundred day moving average price of C$161.33. National Bank of Canada has a 12 month low of C$106.67 and a 12 month high of C$192.39. The company has a market capitalization of C$74.82 billion, a P/E ratio of 19.04, a PEG ratio of 7.14 and a beta of 1.05.

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

Key Stories Impacting National Bank of Canada

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

• Positive Sentiment: Q1 earnings beat: NA reported C$3.25 EPS and C$3.89B revenue, with strong profitability metrics (net margin ~19.7%, ROE ~15.4%). Management posted the press release, slide deck and held a conference call — all indicating solid underlying results. MarketBeat: Earnings release & call
• Positive Sentiment: Net profit rose to about $1.25B from $997M a year earlier, reflecting stronger wealth-management results and contributions from the Great Western Bank acquisition — a clear driver of the quarter’s outperformance. BNN Bloomberg: Q1 profit up to $1.25B
• Positive Sentiment: Analyst upgrade / higher target: Scotiabank raised its price target to C$202 and kept an “outperform” rating — providing third‑party validation for upside potential. BayStreet.CA: Scotiabank raises target to C$202
• Positive Sentiment: Share‑buyback signal: The bank announced intent to amend its normal course issuer bid, which may lead to increased buybacks (supportive for EPS and share price if executed). Newswire: NCIB amendment intention
• Neutral Sentiment: Broader market context: Coverage noted Toronto stocks advancing with National Bank highlighted for the earnings beat — supportive market tone but subject to broader market moves. MarketWatch: Toronto stocks advance
• Neutral Sentiment: Brand / marketing item: National Bank announced a partnership with tennis player Victoria Mboko — positive PR but unlikely to move fundamentals materially. CantechLetter: Partnership with Victoria Mboko

National Bank of Canada Company Profile

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.