National Bank of Canada (TSE:NA) Given New C$208.00 Price Target at Jefferies Financial Group

Key Points

• Jefferies raised National Bank of Canada’s price target to C$208 from C$196 while maintaining a “hold” rating, implying roughly 10% downside from the reported share price.
• Analyst sentiment remains cautious: two analysts rate the stock “buy” and nine rate it “hold,” resulting in a consensus “hold” rating and an average target of C$208.54.
• Shares traded at C$231.28, near their 12-month high of C$237.13. The bank reported quarterly EPS of C$3.23 on revenue of C$3.91 billion, with a 16.87% net margin and 13.77% return on equity.

National Bank of Canada (TSE:NA - Get Free Report) had its price objective lifted by equities research analysts at Jefferies Financial Group from C$196.00 to C$208.00 in a research note issued on Thursday,BayStreet.CA reports. The brokerage currently has a "hold" rating on the financial services provider's stock. Jefferies Financial Group's price target indicates a potential downside of 10.07% from the company's current price.

Several other research firms also recently issued reports on NA. Desjardins downgraded shares of National Bank of Canada from a "buy" rating to a "hold" rating and upped their price objective for the stock from C$217.00 to C$238.00 in a report on Wednesday, August 5th. Canaccord Genuity Group boosted their price objective on 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. Scotiabank increased their price target on shares of National Bank of Canada from C$214.00 to C$222.00 and gave the stock a "sector outperform" rating in a research report on Tuesday, June 16th. Canadian Imperial Bank of Commerce boosted their target price on shares of National Bank of Canada from C$209.00 to C$221.00 and gave the company a "neutral" rating in a research note on Thursday, May 28th. Finally, TD increased their price target on National Bank of Canada from C$202.00 to C$227.00 and gave the stock a "hold" rating in a research report on Wednesday. Two analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of C$208.54.

National Bank of Canada Stock Performance

Shares of TSE:NA traded up C$2.43 during mid-day trading on Thursday, hitting C$231.28. The stock had a trading volume of 213,351 shares, compared to its average volume of 1,420,758. The company has a market cap of C$89.08 billion, a PE ratio of 20.47, a P/E/G ratio of 7.14 and a beta of 1.35. National Bank of Canada has a 12-month low of C$141.46 and a 12-month high of C$237.13. The company's 50 day moving average is C$222.83 and its 200-day moving average is C$200.80.

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

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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