TD Issues Positive Forecast for National Bank of Canada (TSE:NA) Stock Price

Key Points

• TD raised National Bank of Canada’s price target from C$202 to C$227 but maintained a “hold” rating, implying about 0.47% downside from the stock’s current price.
• Analyst sentiment remains cautious: the consensus rating is “Hold,” with two Buy ratings and nine Hold ratings, while the average target price is C$206.88.
• National Bank shares rose 1.3% to C$228.07, near their 52-week high of C$237.13; the bank recently reported quarterly EPS of C$3.23 on revenue of C$3.91 billion.

National Bank of Canada (TSE:NA - Get Free Report) had its price objective upped by analysts at TD from C$202.00 to C$227.00 in a research report issued to clients and investors on Wednesday,BayStreet.CA reports. The brokerage currently has a "hold" rating on the financial services provider's stock. TD's price objective suggests a potential downside of 0.47% from the stock's current price.

A number of other research analysts have also commented on the stock. 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. Jefferies Financial Group upped their target price on National Bank of Canada from C$172.00 to C$188.00 in a research report on Wednesday, May 20th. Canaccord Genuity Group increased their price target on National Bank of Canada from C$205.00 to C$224.00 and gave the company a "hold" rating in a research note on Tuesday, July 7th. Raymond James Financial lifted their price target on National Bank of Canada from C$203.00 to C$226.50 and gave the company a "market perform" rating in a research report on Wednesday. Finally, Scotiabank boosted their price objective on National Bank of Canada from C$214.00 to C$222.00 and gave the stock a "sector outperform" rating in a research note on Tuesday, June 16th. Two research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of C$206.88.

National Bank of Canada Trading Up 1.3%

NA stock traded up C$2.97 during trading on Wednesday, hitting C$228.07. The company had a trading volume of 295,449 shares, compared to its average volume of 1,422,327. The firm has a market capitalization of C$87.84 billion, a price-to-earnings ratio of 20.18, a P/E/G ratio of 7.14 and a beta of 1.35. The business has a 50 day moving average of C$222.26 and a 200 day moving average of C$200.35. National Bank of Canada has a fifty-two week low of C$141.46 and a fifty-two week high of C$237.13.

National Bank of Canada (TSE:NA - Get Free Report) last released its quarterly earnings results on Wednesday, May 27th. The financial services provider reported C$3.23 EPS for the quarter. The company had revenue of C$3.91 billion for the quarter. National Bank of Canada had a net margin of 16.87% and a return on equity of 13.77%. As a group, equities analysts predict that National Bank of Canada will post 10.8360791 EPS for the current year.

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.

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