TD Securities Forecasts Strong Price Appreciation for National Bank of Canada (TSE:NA) Stock

National Bank of Canada (TSE:NA) had its target price lifted by investment analysts at TD Securities from C$175.00 to C$182.00 in a note issued to investors on Thursday,BayStreet.CA reports. TD Securities’ price target indicates a potential downside of 4.40% from the stock’s current price.

A number of other equities analysts have also weighed in on the stock. Canadian Imperial Bank of Commerce raised shares of National Bank of Canada from a “hold” rating to an “outperform” rating and upped their target price for the stock from C$179.00 to C$189.00 in a research note on Friday, February 13th. BMO Capital Markets boosted their price target on National Bank of Canada from C$177.00 to C$195.00 and gave the company an “outperform” rating in a report on Thursday. Royal Bank Of Canada increased their price objective on National Bank of Canada from C$149.00 to C$163.00 in a report on Thursday, December 4th. Scotiabank lifted their target price on National Bank of Canada from C$188.00 to C$202.00 and gave the company an “outperform” rating in a research report on Thursday. Finally, Barclays boosted their target price on National Bank of Canada from C$164.00 to C$177.00 in a research note on Thursday, February 19th. Four research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, National Bank of Canada has a consensus rating of “Hold” and a consensus target price of C$191.10.

National Bank of Canada Stock Performance

Shares of NA stock opened at C$190.37 on Thursday. National Bank of Canada has a 52 week low of C$106.67 and a 52 week high of C$193.71. The company’s 50 day moving average price is C$172.53 and its two-hundred day moving average price is C$161.85. The company has a market capitalization of C$74.30 billion, a P/E ratio of 18.90, a price-to-earnings-growth ratio of 7.14 and a beta of 1.05.

National Bank of Canada (TSE:NA) last released its quarterly 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 19.69% and a return on equity of 15.43%. The company had revenue of C$3.89 billion during the quarter. Analysts forecast that National Bank of Canada will post 10.8360791 earnings per share for the current year.

National Bank of Canada News Summary

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

• Positive Sentiment: Desjardins raised its price target to C$200 and set a “buy” rating, signaling stronger bullish institutional conviction and adding upside to consensus expectations. Desjardins Raises Target
• Positive Sentiment: BMO Capital Markets lifted its target to C$195 and kept an “outperform” stance, which supports investor optimism about earnings resilience. BMO Raises Target
• Positive Sentiment: Scotiabank moved its target to C$202 and maintained an “outperform” view—another major bank upgrade that reinforces sector-level strength. Scotiabank Upgrade
• Positive Sentiment: Raymond James raised its target to C$200 (market perform) and RBC lifted its target to C$193; both moves add to the cluster of higher targets from large dealers. BayStreet Analyst Summary
• Positive Sentiment: Canadian Imperial Bank of Commerce raised its target to C$193, and Barclays raised its target to C$183 (see below for nuance) — overall more upward pressure on consensus targets. CIBC Raises Target
• Positive Sentiment: Macro/sector note — MoneySense highlights “big gains for Canada’s banks in Q1,” supporting a favorable backdrop for NA shares amid stronger net interest income and trading activity expectations. MoneySense Bank Q1 Note
• Neutral Sentiment: Canaccord raised its target to C$191 but keeps a “hold” — the move narrows uncertainty but doesn’t signal a clear buy-case; impact is mixed. Canaccord Update
• Negative Sentiment: Jefferies set a new target at C$172 and TD at C$182 (and Barclays’ C$183 sits below the recent market price), which could cap upside and add selling pressure from investors focused on target/price gaps. Jefferies Target TD Target

About National Bank of Canada

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.