National Bank of Canada (TSE:NA) Stock Price Breaks Below 200 Day Moving Average - What's Next?

Key Points

• National Bank of Canada shares fell below their 200-day moving average of C$210.79, reaching C$200.71 before last trading at C$202.65 on elevated volume.
• Analysts remain cautious, with three Buy ratings and eight Holds producing an overall “Hold” consensus and an average price target of C$218.50. Several brokerages recently raised their targets, ranging from C$213 to C$243.
• The bank declared a quarterly dividend of C$1.32, equivalent to C$5.28 annually and a 2.6% yield; its payout ratio is 41.64%. Director Yvon Charest also purchased 191 shares in August.

National Bank of Canada (TSE:NA - Get Free Report)'s stock price passed below its two hundred day moving average during trading on Monday. The stock has a two hundred day moving average of C$210.79 and traded as low as C$200.71. National Bank of Canada shares last traded at C$202.65, with a volume of 1,526,264 shares trading hands.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NA. Canaccord Genuity Group boosted their price objective on shares of National Bank of Canada from C$224.00 to C$228.00 in a research note on Thursday, September 3rd. Jefferies Financial Group raised their target price on shares of National Bank of Canada from C$212.00 to C$213.00 in a research note on Thursday, September 3rd. Barclays lifted their price target on National Bank of Canada from C$188.00 to C$220.00 in a research report on Friday, August 21st. Scotiabank raised their price objective on shares of National Bank of Canada from C$241.00 to C$243.00 and gave the stock a "sector outperform" rating in a research note on Thursday, August 27th. Finally, Desjardins set a C$230.00 target price on National Bank of Canada and gave the stock a "hold" rating in a research report on Wednesday, September 2nd. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat, National Bank of Canada currently has an average rating of "Hold" and an average target price of C$218.50.

National Bank of Canada Price Performance

The business's 50 day simple moving average is C$217.22 and its 200 day simple moving average is C$210.79. The stock has a market cap of C$77.58 billion, a P/E ratio of 16.94, a PEG ratio of 7.14 and a beta of 1.21.

National Bank of Canada Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Sunday, November 1st. Investors of record on Sunday, November 1st will be paid a $1.32 dividend. The ex-dividend date of this dividend is Monday, September 28th. This represents a $5.28 annualized dividend and a yield of 2.6%. National Bank of Canada's payout ratio is currently 41.64%.

Insider Transactions at National Bank of Canada

In other news, Director Yvon Charest bought 191 shares of the stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average price of C$233.21 per share, with a total value of C$44,543.11. Following the acquisition, the director owned 21,193 shares in the company, valued at C$4,942,419.53. This trade represents a 0.91% increase in their ownership of the stock. 0.21% of the stock is owned by corporate insiders.

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.