National Bank of Canada (TSE:NA) Price Target Raised to C$224.00 at Royal Bank Of Canada

Key Points

• Royal Bank of Canada raised National Bank of Canada’s price target to C$224 from C$214 while maintaining a “sector perform” rating, implying 5.86% upside from the prior close.
• Analyst sentiment remains mixed but leans neutral: the stock has a consensus “Hold” rating and an average price target of C$216.33, with recent targets ranging from C$220 to C$243.
• National Bank shares closed at C$211.60 after falling C$1.58, while the bank’s latest quarter showed C$3.23 in earnings per share, C$3.91 billion in revenue, a 16.87% net margin and a 13.77% return on equity.

National Bank of Canada (TSE:NA - Get Free Report) had its price objective boosted by analysts at Royal Bank Of Canada from C$214.00 to C$224.00 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has a "sector perform" rating on the financial services provider's stock. Royal Bank Of Canada's target price points to a potential upside of 5.86% from the company's previous close.

A number of other research analysts also recently commented on NA. Desjardins lowered their target price on National Bank of Canada from C$238.00 to C$230.00 and set a "hold" rating on the stock in a research note on Thursday. Barclays raised their price target on National Bank of Canada from C$188.00 to C$220.00 in a research note on Friday, August 21st. Scotiabank lifted their price target on National Bank of Canada from C$241.00 to C$243.00 and gave the company a "sector outperform" rating in a report on Thursday. Raymond James Financial lowered 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 research note on Thursday. Finally, Canaccord Genuity Group increased their price objective on National Bank of Canada from C$205.00 to C$224.00 and gave the stock a "hold" rating in a report on Tuesday, July 7th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, National Bank of Canada currently has a consensus rating of "Hold" and an average price target of C$216.33.

National Bank of Canada Price Performance

NA traded down C$1.58 on Thursday, reaching C$211.60. 686,860 shares of the company traded hands, compared to its average volume of 1,424,754. The stock's 50 day moving average price is C$225.71 and its 200-day moving average price is C$204.92. The company has a market cap of C$81.50 billion, a price-to-earnings ratio of 18.73, a PEG ratio of 7.14 and a beta of 1.35. National Bank of Canada has a 52-week low of C$142.52 and a 52-week high of C$237.13.

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

Insider Activity

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. Company insiders own 0.21% of the company's stock.

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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