Jefferies Financial Group Increases National Bank of Canada (TSE:NA) Price Target to C$212.00

Key Points

• Jefferies raised National Bank of Canada’s price target to C$212 from C$208, implying only about 0.19% upside from the prior close.
• Analyst sentiment remains cautious, with an overall “Hold” rating and an average price target of C$216.33; recent target changes from other firms were mixed.
• Shares closed at C$211.60 after falling C$1.58, while the bank reported C$3.23 in quarterly EPS and C$3.91 billion in revenue. Director Yvon Charest also purchased 191 shares at an average C$233.21.

National Bank of Canada (TSE:NA - Get Free Report) had its target price upped by equities researchers at Jefferies Financial Group from C$208.00 to C$212.00 in a research note issued on Thursday,BayStreet.CA reports. Jefferies Financial Group's price objective suggests a potential upside of 0.19% from the company's previous close.

Other equities analysts have also issued research reports about the company. Desjardins decreased their price target on National Bank of Canada from C$238.00 to C$230.00 and set a "hold" rating for the company in a research report on Thursday. TD raised their target price on shares of National Bank of Canada from C$202.00 to C$227.00 and gave the stock a "hold" rating in a report on Wednesday, August 12th. Barclays upped their price target on shares of National Bank of Canada from C$188.00 to C$220.00 in a research report on Friday, August 21st. Raymond James Financial reduced their price objective on National Bank of Canada from C$226.50 to C$223.00 and set a "market perform" rating for the company in a research note on Thursday. Finally, Canaccord Genuity Group boosted their price objective on shares of National Bank of Canada from C$205.00 to C$224.00 and gave the company a "hold" rating in a research report on Tuesday, July 7th. 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 company. According to MarketBeat.com, the company has an average rating of "Hold" and an average price target of C$216.33.

National Bank of Canada Stock Performance

Shares of TSE NA traded down C$1.58 during trading on Thursday, hitting C$211.60. The company had a trading volume of 686,860 shares, compared to its average volume of 1,424,754. National Bank of Canada has a 52 week low of C$142.52 and a 52 week high of C$237.13. The business's 50-day moving average is C$225.71 and its 200 day moving average is C$204.92. The company has a market cap of C$81.50 billion, a P/E ratio of 18.73, a PEG ratio of 7.14 and a beta of 1.35.

National Bank of Canada (TSE:NA - Get Free Report) last released its quarterly earnings data on Wednesday, May 27th. The financial services provider reported C$3.23 earnings per share for the quarter. The business had revenue of C$3.91 billion during the quarter. National Bank of Canada had a return on equity of 13.77% and a net margin of 16.87%. On average, research analysts expect that National Bank of Canada will post 10.8360791 EPS for the current year.

Insider Activity at National Bank of Canada

In related news, Director Yvon Charest acquired 191 shares of the stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the acquisition, the director owned 21,193 shares in the company, valued at approximately C$4,942,419.53. The trade was a 0.91% increase in their position. Corporate insiders own 0.21% of the company's stock.

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.

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