National Bank of Canada (TSE:NA) Stock Passes Above 200 Day Moving Average - Time to Sell?

Key Points

• National Bank of Canada shares rose above their 200-day moving average, reaching C$213.70 before closing at C$210.64. The stock’s 50-day moving average is higher at C$223.80, while its market capitalization is approximately C$80.69 billion.
• Analyst sentiment remains cautious, with a consensus “Hold” rating from three Buy and eight Hold recommendations. The average price target is C$218.50, with recent targets ranging from C$220 to C$243.
• The bank increased its quarterly dividend to C$1.32, or C$5.28 annualized, representing a 2.5% yield and a 41.64% payout ratio; a company director also purchased 191 shares in August.

National Bank of Canada (TSE:NA - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$208.01 and traded as high as C$213.70. National Bank of Canada shares last traded at C$210.64, with a volume of 1,047,765 shares traded.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NA. Barclays boosted their price objective on shares of National Bank of Canada from C$188.00 to C$220.00 in a research report on Friday, August 21st. TD decreased their target price on National Bank of Canada from C$227.00 to C$226.00 and set a "hold" rating for the company in a research note on Thursday, August 27th. Desjardins set a C$230.00 target price on National Bank of Canada and gave the company a "hold" rating in a report on Wednesday, September 2nd. Royal Bank Of Canada increased their price target on National Bank of Canada from C$214.00 to C$224.00 and gave the stock a "sector perform" rating in a research report on Thursday, August 27th. Finally, Scotiabank increased their price target on National Bank of Canada from C$241.00 to C$243.00 and gave the stock a "sector outperform" rating in a research report on Thursday, August 27th. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of C$218.50.

National Bank of Canada Trading Down 0.5%

The firm has a 50-day moving average of C$223.80 and a 200 day moving average of C$208.01. The stock has a market capitalization of C$80.69 billion, a price-to-earnings ratio of 17.61, a PEG ratio of 7.14 and a beta of 1.21.

National Bank of Canada Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Saturday, August 1st. Investors of record on Saturday, August 1st were issued a $1.32 dividend. This represents a $5.28 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Monday, June 29th. This is an increase from National Bank of Canada's previous quarterly dividend of $1.24. National Bank of Canada's payout ratio is presently 41.64%.

Insider Activity

In related news, Director Yvon Charest acquired 191 shares of National Bank of Canada stock in a transaction dated Tuesday, August 18th. The stock was acquired at an average cost of C$233.21 per share, with a total value of C$44,543.11. Following the purchase, the director directly owned 21,193 shares in the company, valued at C$4,942,419.53. The trade was a 0.91% increase in their position. Corporate insiders own 0.21% of the company's stock.

About National Bank of Canada

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.