National Bank of Canada (NA) Stock Forecast & Price Target

C$134.49 -0.39 (-0.29%)

As of 04:00 PM Eastern

National Bank of Canada - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 12 Analyst Ratings

Sell
2

Hold
7

Buy
3

Based on 12 Wall Street analysts who have issued ratings for National Bank of Canada in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 2 have given a sell rating, 7 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for NA.

Consensus Price Target

C$135.36
0.65% Upside

According to the 12 analysts' twelve-month price targets for National Bank of Canada, the average price target is C$135.36. The highest price target for NA is C$152.00, while the lowest price target for NA is C$125.00. The average price target represents a forecasted upside of 0.65% from the current price of C$134.49.

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NA Analyst Ratings Over Time

Type	Current Forecast 6/10/24 to 6/10/25	1 Month Ago 5/11/24 to 5/11/25	3 Months Ago 3/12/24 to 3/12/25	1 Year Ago 6/11/23 to 6/10/24
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)
Hold	7 Hold rating(s)	8 Hold rating(s)	9 Hold rating(s)	8 Hold rating(s)
Sell	2 Sell rating(s)	2 Sell rating(s)	0 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	C$135.36	C$133.10	C$136.40	C$115.00
Forecasted Upside	0.65% Upside	6.50% Upside	17.34% Upside	-2.27% Downside
Consensus Rating	Hold	Hold	Hold	Hold

NA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

National Bank of Canada Stock vs. The Competition

Type	National Bank of Canada	Financial Services Companies
Consensus Rating Score	2.17	2.67
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Neutral News See Recent NA News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
6/9/2025	Canaccord Genuity Group 2 of 5 stars		Boost Target	Hold	C$136.00 ➝ C$138.00	+2.61%
6/9/2025	Royal Bank of Canada 3 of 5 stars		Boost Target	Sector Perform	C$148.00 ➝ C$152.00	+13.02%
6/5/2025	CIBC 3 of 5 stars		Boost Target	Underperform	C$125.00 ➝ C$127.00	-5.03%
5/15/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Rizvanovic Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
4/21/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold	C$147.00 ➝ C$126.00	+10.02%
4/4/2025	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Holden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Hold ➝ Strong Sell
3/5/2025	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	C$135.00 ➝ C$131.00	+11.43%
2/28/2025	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$145.00 ➝ C$140.00	+18.04%
2/27/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$143.00 ➝ C$135.00	+12.82%
2/27/2025	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Persaud Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$139.00 ➝ C$137.00	+14.49%
Get the Latest News and Ratings for NA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for National Bank of Canada and its competitors with MarketBeat's FREE daily newsletter.
2/27/2025	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	C$140.00 ➝ C$136.00	+13.66%
11/21/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Morton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
2/29/2024	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reduce
11/23/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	C$101.00 ➝ C$97.00	+8.03%
9/12/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$108.00	+14.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 12:09 AM ET.

Should I Buy National Bank of Canada Stock? NA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Saturday, June 7, 2025. Please send any questions or comments about these National Bank of Canada pros and cons to contact@marketbeat.com.

National Bank of Canada
Bull Case

Here are some ways that investors could benefit from investing in National Bank of Canada:

The current stock price is around C$133.59, which reflects a stable performance in the market.
National Bank of Canada has a strong market capitalization of C$52.08 billion, indicating a solid position in the financial sector.
The company recently declared a quarterly dividend of $1.18, providing a return on investment for shareholders.
Analysts have set an average target price of C$134.10, suggesting potential for price appreciation based on market expectations.
Insider transactions show confidence in the company, with directors recently purchasing shares, indicating a positive outlook on the company's future performance.

National Bank of Canada
Bear Case

Investors should be bearish about investing in National Bank of Canada for these reasons:

Recent downgrades from several research firms, including a shift from "hold" to "strong sell," may indicate concerns about the company's future performance.
Two analysts have issued sell recommendations, which could signal potential risks associated with the stock.
The price-to-earnings ratio of 11.85, while reasonable, may suggest that the stock is not undervalued compared to its peers.
Market volatility, as indicated by a beta of 1.12, suggests that the stock may experience fluctuations that could impact investor returns.
Recent adjustments in target prices by analysts, with some lowering their expectations, could reflect a cautious outlook on the company's growth prospects.

NA Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for National Bank of Canada is C$135.36, with a high forecast of C$152.00 and a low forecast of C$125.00.
: 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for National Bank of Canada in the last year. There are currently 2 sell ratings, 7 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" NA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NA, but not buy additional shares or sell existing shares.
: According to analysts, National Bank of Canada's stock has a predicted upside of 0.65% based on their 12-month stock forecasts.
: Over the previous 90 days, National Bank of Canada's stock had 3 downgrades and 1 upgrade by analysts.
: National Bank of Canada has been rated by research analysts at Canaccord Genuity Group, CIBC, Cibc World Mkts, Jefferies Financial Group, Royal Bank of Canada, and Scotiabank in the past 90 days.
: Analysts like National Bank of Canada less than other "financial services" companies. The consensus rating for National Bank of Canada is Hold while the average consensus rating for "financial services" companies is Moderate Buy. Learn more on how NA compares to other companies.

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This page (TSE:NA) was last updated on 6/10/2025 by MarketBeat.com Staff

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National Bank of Canada (NA) Stock Forecast & Price Target