TD Cuts National Bank of Canada (TSE:NA) Price Target to C$226.00

National Bank of Canada (TSE:NA) had its price target lowered by TD from C$227.00 to C$226.00 in a research report released on Thursday morning,BayStreet.CA reports. The brokerage currently has a hold rating on the financial services provider’s stock.

A number of other analysts have also recently weighed in on NA. Canaccord Genuity Group raised their price target on National Bank of Canada from C$205.00 to C$224.00 and gave the company a “hold” rating in a research note on Tuesday, July 7th. Canadian Imperial Bank of Commerce raised National Bank of Canada from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 18th. Barclays increased their price objective on National Bank of Canada from C$188.00 to C$220.00 in a report on Friday, August 21st. Raymond James Financial cut their target price 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. Finally, Jefferies Financial Group boosted their target price on National Bank of Canada from C$208.00 to C$212.00 in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of C$216.33.

National Bank of Canada Trading Up 0.4%

Shares of NA opened at C$213.86 on Thursday. The firm has a market capitalization of C$82.37 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 7.14 and a beta of 1.35. The firm’s fifty day simple moving average is C$225.40 and its 200-day simple moving average is C$205.29. National Bank of Canada has a twelve month low of C$142.99 and a twelve month high of C$237.13.

National Bank of Canada (TSE:NA) last issued its earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 EPS for the quarter. The firm had revenue of C$3.91 billion during the quarter. National Bank of Canada had a net margin of 14.92% and a return on equity of 14.36%. On average, analysts predict that National Bank of Canada will post 10.8360791 earnings per share for the current fiscal year.

National Bank of Canada Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Investors of record on Saturday, August 1st were paid a dividend of $1.32 per share. The ex-dividend date was Monday, June 29th. This represents a $5.28 annualized dividend and a yield of 2.5%. This is an increase from National Bank of Canada’s previous quarterly dividend of $1.24. National Bank of Canada’s dividend payout ratio (DPR) is 42.83%.

Insiders Place Their Bets

In related news, Director Yvon Charest purchased 191 shares of National Bank of Canada stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased at an average cost of C$233.21 per share, with a total value of C$44,543.11. Following the completion of the transaction, 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 ownership of the stock. 0.21% of the stock is currently owned by company insiders.

Key National Bank of Canada News

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

• Positive Sentiment: National Bank said mortgage growth has reached a record pace, with the bank leaning more heavily on the broker channel to capture demand. Stronger mortgage volumes could support loan growth and interest income. National Bank leans on broker channel as mortgage growth hits record pace
• Positive Sentiment: Scotiabank raised its price target to C$243 from C$241 and maintained a “sector outperform” rating. RBC also increased its target to C$224 from C$214, although it retained a “sector perform” rating. These revisions indicate that some analysts see additional upside for NA. Analyst ratings
• Neutral Sentiment: Management warned that tariffs will make business more difficult, highlighting risks to economic activity and corporate customers. However, the CEO remains encouraged by a potential “silver lining,” which could help temper concerns about the effect on the bank’s outlook. National Bank CEO discusses tariffs and the company outlook
• Neutral Sentiment: Analyst views were mixed: Desjardins cut its target to C$230 from C$238, TD reduced its target to C$226 from C$227, and Raymond James lowered its target to C$223 from C$226.50, all maintaining hold or market perform ratings. Jefferies raised its target modestly to C$212 from C$208, but its new target implies little upside. Analyst ratings

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).