Desjardins Reiterates C$230.00 Price Target for National Bank of Canada (TSE:NA)

Key Points

• Desjardins maintained a C$230 price target and “hold” rating for National Bank of Canada, implying 8.29% upside from the previous close.
• Analyst sentiment remains cautious overall: the stock has an average “Hold” rating and a consensus price target of C$216.33, despite some upgrades and higher targets from other firms.
• National Bank shares rose 1.4% to C$212.39, while director Yvon Charest purchased 191 shares at an average price of C$233.21.

National Bank of Canada (TSE:NA - Get Free Report) has been given a C$230.00 price objective by investment analysts at Desjardins in a research report issued on Wednesday, BayStreet reports. The firm presently has a "hold" rating on the financial services provider's stock. Desjardins' price objective indicates a potential upside of 8.29% from the stock's previous close.

NA has been the subject of several other research reports. 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. Jefferies Financial Group upped their target price on shares of National Bank of Canada from C$208.00 to C$212.00 in a research report on Thursday, August 27th. TD decreased their price target 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. Scotiabank boosted their price objective on shares of National Bank of Canada from C$241.00 to C$243.00 and gave the stock a "sector outperform" rating in a research note on Thursday, August 27th. Finally, Raymond James Financial dropped their price objective on shares of National Bank of Canada from C$226.50 to C$223.00 and set a "market perform" rating on the stock in a research note on Thursday, August 27th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of C$216.33.

National Bank of Canada Stock Up 1.4%

Shares of TSE:NA traded up C$2.95 during trading on Wednesday, hitting C$212.39. The stock had a trading volume of 273,142 shares, compared to its average volume of 1,430,580. The company has a market capitalization of C$81.36 billion, a PE ratio of 17.76, a PEG ratio of 7.14 and a beta of 1.35. The firm's fifty day moving average is C$224.89 and its 200 day moving average is C$206.05. National Bank of Canada has a 12 month low of C$143.29 and a 12 month high of C$237.13.

Insiders Place Their Bets

In other National Bank of Canada news, Director Yvon Charest acquired 191 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were acquired at an average cost of C$233.21 per share, with a total value of C$44,543.11. Following the transaction, the director owned 21,193 shares of the company's stock, valued at C$4,942,419.53. The trade was a 0.91% increase in their position. 0.21% of the stock is currently owned by insiders.

About National Bank of Canada

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.

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