National Bank of Canada (TSE:NA) Given New C$228.00 Price Target at Canaccord Genuity Group

National Bank of Canada (TSE:NAGet Free Report) had its target price raised by equities research analysts at Canaccord Genuity Group from C$224.00 to C$228.00 in a research note issued on Thursday, BayStreet reports. Canaccord Genuity Group’s price objective indicates a potential upside of 4.63% from the stock’s previous close.

Several other research firms have also recently commented on NA. Raymond James Financial cut their price target on National Bank of Canada from C$226.50 to C$223.00 and set a “market perform” rating for the company in a report on Thursday, August 27th. Royal Bank Of Canada lifted their price objective on National Bank of Canada from C$214.00 to C$224.00 and gave the stock a “sector perform” rating in a report on Thursday, August 27th. Desjardins set a C$230.00 target price on National Bank of Canada and gave the company a “hold” rating in a research note on Wednesday. Jefferies Financial Group raised their target price on National Bank of Canada from C$208.00 to C$212.00 in a research report on Thursday, August 27th. Finally, Canadian Imperial Bank of Commerce decreased their price target on shares of National Bank of Canada from C$249.00 to C$242.00 and set an “outperformer” rating on the stock in a research note on Thursday. Three research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of C$218.50.

Get Our Latest Stock Analysis on National Bank of Canada

National Bank of Canada Stock Performance

Shares of NA traded up C$3.92 during trading hours on Thursday, reaching C$217.91. 366,880 shares of the company traded hands, compared to its average volume of 1,434,016. The stock’s fifty day moving average is C$224.69 and its 200 day moving average is C$206.35. National Bank of Canada has a 1-year low of C$143.29 and a 1-year high of C$237.13. The stock has a market cap of C$83.47 billion, a P/E ratio of 18.22, a price-to-earnings-growth ratio of 7.14 and a beta of 1.35.

Insiders Place Their Bets

In related news, Director Yvon Charest acquired 191 shares of the stock in a transaction dated Tuesday, August 18th. The shares were bought at an average cost of C$233.21 per share, for a total transaction of C$44,543.11. Following the purchase, the director owned 21,193 shares in the company, valued at approximately C$4,942,419.53. This trade represents a 0.91% increase in their position. Insiders own 0.21% of the company’s stock.

National Bank of Canada Company Profile

(Get Free Report)

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).

See Also

Analyst Recommendations for National Bank of Canada (TSE:NA)

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