National Bank of Canada (TSE:NA) Price Target Raised to C$214.00 at Scotiabank

National Bank of Canada (TSE:NA) had its price target lifted by Scotiabank from C$202.00 to C$214.00 in a report released on Monday,BayStreet.CA reports. The firm presently has a “sector outperform” rating on the financial services provider’s stock. Scotiabank’s price objective indicates a potential upside of 5.39% from the company’s current price.

A number of other brokerages have also commented on NA. Barclays lifted their price target on shares of National Bank of Canada from C$177.00 to C$183.00 and gave the stock an “equal weight” rating in a report on Thursday, February 26th. TD Securities lifted their price target on shares of National Bank of Canada from C$175.00 to C$182.00 in a report on Thursday, February 26th. Raymond James Financial lifted their price target on shares of National Bank of Canada from C$179.00 to C$200.00 and gave the stock a “market perform” rating in a report on Thursday, February 26th. Royal Bank Of Canada cut their price target on shares of National Bank of Canada from C$193.00 to C$180.00 and set a “sector perform” rating on the stock in a report on Wednesday, March 25th. Finally, BMO Capital Markets lifted 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 report on Thursday, February 26th. Four investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of C$191.36.

National Bank of Canada Trading Down 1.0%

National Bank of Canada stock traded down C$2.15 during mid-day trading on Monday, reaching C$203.06. The company had a trading volume of 324,247 shares, compared to its average volume of 1,527,183. National Bank of Canada has a fifty-two week low of C$121.60 and a fifty-two week high of C$206.16. The company has a market cap of C$78.61 billion, a P/E ratio of 19.58, a P/E/G ratio of 7.14 and a beta of 1.23. The business has a fifty day simple moving average of C$189.16 and a 200 day simple moving average of C$174.63.

National Bank of Canada (TSE:NA) last issued its earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 earnings per share for the quarter. National Bank of Canada had a net margin of 15.85% and a return on equity of 12.83%. The firm had revenue of C$3.89 billion for the quarter. Research analysts forecast that National Bank of Canada will post 10.8360791 EPS for the current year.

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.