National Bank of Canada (TSE:NA) Shares Cross Above 200 Day Moving Average - Should You Sell?

Key Points

• Shares crossed above its 200‑day moving average, trading as high as C$203.99 and last at C$202.40 versus the 200‑day MA of C$173.89.
• Analyst consensus is mixed — the stock has an average rating of "Hold" (4 Buys, 6 Holds) and an average price target of C$190.27, which is below the current share price.
• Dividend announced: a quarterly payment of C$1.24 (annualized C$4.96) implying a 2.5% yield; ex‑dividend date March 30 and payable May 1.

Shares of National Bank of Canada (TSE:NA - Get Free Report) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$173.89 and traded as high as C$203.99. National Bank of Canada shares last traded at C$202.40, with a volume of 734,985 shares.

Wall Street Analyst Weigh In

A number of research firms recently commented on NA. Canaccord Genuity Group decreased their price target on National Bank of Canada from C$191.00 to C$190.00 and set a "hold" rating for the company in a research note on Monday, March 9th. Royal Bank Of Canada reduced their target price on National Bank of Canada from C$193.00 to C$180.00 and set a "sector perform" rating on the stock in a report on Wednesday, March 25th. Barclays boosted their price target on National Bank of Canada from C$177.00 to C$183.00 and gave the company an "equal weight" rating in a report on Thursday, February 26th. Jefferies Financial Group upped their price target on National Bank of Canada from C$165.00 to C$172.00 in a research report on Thursday, February 26th. Finally, Canadian Imperial Bank of Commerce raised their price objective on National Bank of Canada from C$189.00 to C$193.00 in a research note on Thursday, February 26th. Four research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, National Bank of Canada currently has an average rating of "Hold" and an average price target of C$190.27.

National Bank of Canada Stock Performance

The firm has a 50 day simple moving average of C$188.09 and a two-hundred day simple moving average of C$173.89. The stock has a market cap of C$78.35 billion, a P/E ratio of 19.52, a P/E/G ratio of 7.14 and a beta of 1.23.

National Bank of Canada (TSE:NA - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The financial services provider reported C$3.25 earnings per share (EPS) for the quarter. The company had revenue of C$3.89 billion during the quarter. National Bank of Canada had a return on equity of 12.83% and a net margin of 15.85%. As a group, equities research analysts predict that National Bank of Canada will post 10.8360791 EPS for the current year.

National Bank of Canada Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Stockholders of record on Friday, May 1st will be issued a $1.24 dividend. The ex-dividend date is Monday, March 30th. This represents a $4.96 annualized dividend and a dividend yield of 2.5%. National Bank of Canada's dividend payout ratio (DPR) is 45.71%.

National Bank of Canada Company Profile

National Bank of Canada is the sixth-largest Canadian bank. The bank offers integrated financial services, primarily in the province of Quebec as well as the city of Toronto. Operational segments include personal and commercial banking, wealth management, and a financial markets group.

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