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$133.41 and traded as high as C$152.99. National Bank of Canada shares last traded at C$151.62, with a volume of 4,608,484 shares traded.
Analyst Upgrades and Downgrades
NA has been the topic of several research analyst reports. Canaccord Genuity Group boosted their target price on shares of National Bank of Canada from C$136.00 to C$138.00 and gave the stock a "hold" rating in a research report on Tuesday, June 24th. CIBC boosted their target price on shares of National Bank of Canada from C$151.00 to C$154.00 and gave the stock a "neutral" rating in a research report on Friday, September 5th. Scotiabank boosted their target price on shares of National Bank of Canada from C$142.00 to C$147.00 and gave the stock an "outperform" rating in a research report on Thursday, August 28th. Cibc World Mkts upgraded shares of National Bank of Canada from a "strong sell" rating to a "hold" rating in a research report on Friday, August 1st. Finally, Desjardins decreased their target price on shares of National Bank of Canada from C$150.00 to C$149.00 and set a "hold" rating on the stock in a research report on Thursday, August 28th. Two equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of C$143.42.
Get Our Latest Stock Report on National Bank of Canada
National Bank of Canada Trading Down 0.2%
The firm's 50 day moving average is C$146.94 and its two-hundred day moving average is C$133.41. The stock has a market cap of C$59.43 billion, a price-to-earnings ratio of 14.94, a P/E/G ratio of 7.14 and a beta of 1.06.
National Bank of Canada Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Saturday, November 1st. Stockholders of record on Monday, September 29th will be paid a dividend of $1.18 per share. This represents a $4.72 dividend on an annualized basis and a dividend yield of 3.1%. National Bank of Canada's dividend payout ratio is currently 44.93%.
National Bank of Canada Company Profile
(
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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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