Canaccord Genuity Group Raises National Bank of Canada (TSE:NA) Price Target to C$228.00

Key Points

• Canaccord Genuity Group raised National Bank of Canada's price target to C$228 from C$224, implying 4.63% upside from the previous close.
• Analyst sentiment remains mixed but leans toward caution: three analysts rate the stock Buy and eight rate it Hold, resulting in a consensus Hold rating and average target of C$218.50.
• National Bank shares rose C$3.92 to C$217.91 in Thursday trading. The bank has a C$83.47 billion market capitalization and reported insider ownership of 0.21% after director Yvon Charest purchased 191 shares.

National Bank of Canada (TSE:NA - Get Free Report) had its price target upped by equities researchers at Canaccord Genuity Group from C$224.00 to C$228.00 in a report released on Thursday, BayStreet reports. Canaccord Genuity Group's price objective indicates a potential upside of 4.63% from the company's previous close.

NA has been the topic of several other research reports. Jefferies Financial Group increased their price target on National Bank of Canada from C$208.00 to C$212.00 in a report on Thursday, August 27th. TD reduced their price objective on shares of National Bank of Canada from C$227.00 to C$226.00 and set a "hold" rating for the company in a research note on Thursday, August 27th. Canadian Imperial Bank of Commerce decreased their price objective on shares of National Bank of Canada from C$249.00 to C$242.00 and set an "outperformer" rating for the company in a report on Thursday. Scotiabank raised their target price on shares of National Bank of Canada from C$241.00 to C$243.00 and gave the company a "sector outperform" rating in a research note on Thursday, August 27th. Finally, Royal Bank Of Canada lifted their target price on shares of 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. Three analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and an average price target of C$218.50.

National Bank of Canada Price Performance

Shares of NA stock traded up C$3.92 during trading on Thursday, reaching C$217.91. The company had a trading volume of 366,880 shares, compared to its average volume of 1,434,016. The firm's 50 day simple moving average is C$224.69 and its two-hundred day simple moving average is C$206.35. National Bank of Canada has a one year low of C$143.29 and a one year high of C$237.13. The company has a market capitalization of C$83.47 billion, a PE ratio of 18.22, a PEG ratio of 7.14 and a beta of 1.35.

Insider Activity at National Bank of Canada

In other National Bank of Canada news, Director Yvon Charest purchased 191 shares of the business's stock in a transaction dated Tuesday, August 18th. The stock was bought at an average cost of C$233.21 per share, for a total transaction of C$44,543.11. Following the completion of the acquisition, the director directly owned 21,193 shares in the company, valued at C$4,942,419.53. This represents a 0.91% increase in their ownership of the stock. 0.21% of the stock is currently owned by company insiders.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source