National Bank of Canada (TSE:NA) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

Key Points

• Jefferies raised National Bank of Canada’s price target to C$213 from C$212, but the new target implies 2.25% downside from the stock’s current price.
• Analyst sentiment remains cautious: the bank has an average “Hold” rating and a consensus price target of C$218.50, with three Buy ratings and eight Holds.
• National Bank shares rose 1.8% to C$217.91, while director Yvon Charest purchased 191 shares for approximately C$44,543, modestly increasing his ownership.

National Bank of Canada (TSE:NA - Get Free Report) had its target price boosted by investment analysts at Jefferies Financial Group from C$212.00 to C$213.00 in a report released on Thursday, BayStreet reports. Jefferies Financial Group's price objective would indicate a potential downside of 2.25% from the company's current price.

NA has been the subject of several other reports. Canadian Imperial Bank of Commerce reduced their price objective on 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. Raymond James Financial lowered their target price 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. Desjardins set a C$230.00 price target on shares of National Bank of Canada and gave the company a "hold" rating in a report on Wednesday. Royal Bank Of Canada lifted their price target 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 research note on Thursday, August 27th. Finally, Scotiabank boosted their price objective 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 report on Thursday, August 27th. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of C$218.50.

National Bank of Canada Stock Up 1.8%

Shares of National Bank of Canada stock traded up C$3.92 on Thursday, reaching C$217.91. The company's stock had a trading volume of 366,880 shares, compared to its average volume of 1,434,016. National Bank of Canada has a 52 week low of C$143.29 and a 52 week high of C$237.13. The firm's fifty day simple moving average is C$224.69 and its two-hundred day simple moving average is C$206.35. The company has a market capitalization of C$83.47 billion, a price-to-earnings ratio of 18.22, a P/E/G ratio of 7.14 and a beta of 1.35.

Insider Activity at National Bank of Canada

In related news, Director Yvon Charest purchased 191 shares of the stock in a transaction that occurred on 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 transaction, 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. 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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