National Bank of Canada (TSE:NA) Stock Gets Price Target Cut from TD

Key Points

• TD cut its price target for National Bank of Canada from C$226 to C$223 and maintained a “hold” rating, implying 3.22% potential upside from the share price at the time.
• Analyst sentiment is broadly neutral: the stock has an average “hold” rating and an average price target of C$218.25, with three buy ratings and eight hold ratings.
• Shares fell 0.5% to C$216.04 in Thursday midday trading. Director Yvon Charest also bought 191 shares at C$233.21 apiece.

National Bank of Canada (TSE:NA - Get Free Report) had its target price cut by stock analysts at TD from C$226.00 to C$223.00 in a note issued to investors on Thursday, BayStreet reports. The firm currently has a "hold" rating on the financial services provider's stock. TD's price target would suggest a potential upside of 3.22% from the company's current price.

A number of other research analysts have also recently weighed in on the stock. Desjardins set a C$230.00 price target on shares of National Bank of Canada and gave the company a "hold" rating in a research report on Wednesday. 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 for the company in a research report on Thursday, August 27th. Barclays raised their target price on shares of National Bank of Canada from C$188.00 to C$220.00 in a research note on Friday, August 21st. 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, Jefferies Financial Group lifted their target price on shares of National Bank of Canada from C$212.00 to C$213.00 in a report on Thursday, September 3rd. Three investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of C$218.25.

National Bank of Canada Stock Down 0.5%

Shares of TSE NA traded down C$1.18 during midday trading on Thursday, hitting C$216.04. The stock had a trading volume of 276,679 shares, compared to its average volume of 1,451,953. National Bank of Canada has a 1-year low of C$160.01 and a 1-year high of C$237.13. The company has a market capitalization of C$82.71 billion, a price-to-earnings ratio of 18.06, a PEG ratio of 7.14 and a beta of 1.25. The company has a fifty day moving average price of C$209.04 and a 200 day moving average price of C$204.30.

Insiders Place Their Bets

In other news, Director Yvon Charest purchased 191 shares of the stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of C$233.21 per share, for a total transaction of C$44,543.11. Following the acquisition, 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 ownership of the stock. 0.21% of the stock is currently owned by corporate 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.

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