TD Cuts National Bank of Canada (TSE:NA) Price Target to C$226.00

Key Points

• TD lowered National Bank of Canada’s price target to C$226 from C$227 while maintaining a “hold” rating, implying approximately 6.81% upside from the reported trading price.
• Analyst views remain mixed, but the consensus is “Hold,” with an average target of C$216.33; targets range from C$212 to C$243.
• Shares fell to C$211.60 during Thursday trading. The bank reported C$3.23 in quarterly EPS, C$3.91 billion in revenue, a 13.77% return on equity, and a 16.87% net margin.

National Bank of Canada (TSE:NA - Get Free Report) had its price objective dropped by TD from C$227.00 to C$226.00 in a note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has a "hold" rating on the financial services provider's stock. TD's target price suggests a potential upside of 6.81% from the company's current price.

Several other brokerages have also issued reports on NA. Canadian Imperial Bank of Commerce upgraded shares of National Bank of Canada from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 18th. 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. Scotiabank boosted 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. Jefferies Financial Group raised their price objective on National Bank of Canada from C$208.00 to C$212.00 in a research note on Thursday. Finally, Barclays lifted their price objective on National Bank of Canada from C$188.00 to C$220.00 in a research report on Friday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, National Bank of Canada currently has an average rating of "Hold" and an average target price of C$216.33.

National Bank of Canada Stock Performance

Shares of NA traded down C$1.58 during mid-day trading on Thursday, hitting C$211.60. 686,860 shares of the company traded hands, compared to its average volume of 1,424,754. The stock has a market cap of C$81.50 billion, a price-to-earnings ratio of 18.73, a P/E/G ratio of 7.14 and a beta of 1.35. The stock has a 50-day moving average price of C$225.71 and a two-hundred day moving average price of C$204.92. National Bank of Canada has a 1 year low of C$142.52 and a 1 year high of C$237.13.

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

Insider Activity

In other National Bank of Canada news, Director Yvon Charest purchased 191 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was purchased 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 ownership of the stock. 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source