Recent Analysts’ Ratings Updates for National Bank of Canada (NA)

National Bank of Canada (TSE: NA) recently received a number of ratings updates from brokerages and research firms:

• 11/26/2024 – National Bank of Canada had its price target raised by analysts at CIBC from C$135.00 to C$141.00.
• 11/25/2024 – National Bank of Canada had its price target raised by analysts at Scotiabank from C$129.00 to C$154.00.
• 11/21/2024 – National Bank of Canada was downgraded by analysts at Barclays PLC from a “strong-buy” rating to a “hold” rating.
• 11/19/2024 – National Bank of Canada had its price target raised by analysts at Canaccord Genuity Group Inc. from C$123.00 to C$135.00.
• 11/18/2024 – National Bank of Canada had its price target raised by analysts at BMO Capital Markets from C$125.00 to C$143.00.
• 11/15/2024 – National Bank of Canada had its price target raised by analysts at TD Securities from C$129.00 to C$140.00.

National Bank of Canada Stock Performance

TSE NA traded up C$0.29 during trading on Tuesday, reaching C$140.26. The company’s stock had a trading volume of 487,791 shares, compared to its average volume of 1,724,220. The firm has a market cap of C$47.74 billion, a price-to-earnings ratio of 13.66, a P/E/G ratio of 7.14 and a beta of 1.12. National Bank of Canada has a twelve month low of C$92.71 and a twelve month high of C$141.15. The business’s fifty day moving average price is C$132.03 and its 200-day moving average price is C$121.27.

Insider Transactions at National Bank of Canada

In related news, Director Yvon Charest acquired 285 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average price of C$133.71 per share, with a total value of C$38,107.35. Company insiders own 0.21% of the company’s stock.

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.