Desjardins set a C$230.00 target price on National Bank of Canada (TSE:NA – Free Report) in a report published on Wednesday morning,BayStreet reports. The brokerage currently has a hold rating on the financial services provider’s stock.
A number of other brokerages have also recently commented on NA. TD reduced their price target on National Bank of Canada from C$227.00 to C$226.00 and set a “hold” rating for the company in a research report on Thursday, August 27th. Raymond James Financial lowered their price objective on National Bank of Canada from C$226.50 to C$223.00 and set a “market perform” rating on the stock in a research report on Thursday, August 27th. Scotiabank increased their target price on shares of National Bank of Canada from C$241.00 to C$243.00 and gave the stock a “sector outperform” rating in a report on Thursday, August 27th. Canaccord Genuity Group raised their target price on shares of 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. Finally, Jefferies Financial Group lifted their price target on shares of National Bank of Canada from C$208.00 to C$212.00 in a report on Thursday, August 27th. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$218.50.
View Our Latest Stock Report on National Bank of Canada
National Bank of Canada Stock Performance
National Bank of Canada Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Saturday, August 1st were given a $1.32 dividend. The ex-dividend date was Monday, June 29th. This is a positive change from National Bank of Canada’s previous quarterly dividend of $1.24. This represents a $5.28 annualized dividend and a dividend yield of 2.4%. National Bank of Canada’s dividend payout ratio (DPR) is presently 41.64%.
Insider Buying and Selling at National Bank of Canada
In other National Bank of Canada news, Director Yvon Charest acquired 191 shares of the company’s stock in a transaction dated Tuesday, August 18th. The stock was purchased at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the completion of the purchase, the director directly 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 currently owned by company 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).
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