National Bank of Canada (TSE:NA) Given New C$226.50 Price Target at Raymond James Financial

Key Points

• Raymond James raised National Bank of Canada’s price target to C$226.50 from C$203.00 while maintaining a “market perform” rating, implying approximately 0.69% downside from the reported share price.
• Analyst sentiment remains cautious: two analysts rate the stock a Buy and nine rate it Hold, resulting in a consensus “Hold” rating and an average price target of C$206.88.
• Shares rose 1.3% to C$228.07, near the reported C$237.13 52-week high. The bank reported quarterly EPS of C$3.23 and revenue of C$3.91 billion.

National Bank of Canada (TSE:NA - Get Free Report) had its price target upped by equities researchers at Raymond James Financial from C$203.00 to C$226.50 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage presently has a "market perform" rating on the financial services provider's stock. Raymond James Financial's target price points to a potential downside of 0.69% from the stock's current price.

Other equities analysts have also recently issued reports about the company. Jefferies Financial Group increased their target price on National Bank of Canada from C$172.00 to C$188.00 in a report on Wednesday, May 20th. Canaccord Genuity Group upped their price objective on shares of 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. 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. Canadian Imperial Bank of Commerce raised their price objective 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, Scotiabank lifted their price objective on shares of National Bank of Canada from C$214.00 to C$222.00 and gave the company a "sector outperform" rating in a report on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of C$206.88.

National Bank of Canada Stock Up 1.3%

TSE:NA traded up C$2.97 on Wednesday, hitting C$228.07. The stock had a trading volume of 295,449 shares, compared to its average volume of 1,422,327. The business's fifty day moving average is C$222.26 and its 200 day moving average is C$200.35. The company has a market cap of C$87.84 billion, a PE ratio of 20.18, a P/E/G ratio of 7.14 and a beta of 1.35. National Bank of Canada has a 52 week low of C$141.46 and a 52 week high of C$237.13.

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