National Bank of Canada (TSE:NA) had its price target upped by Barclays from C$91.00 to C$94.00 in a research note issued to investors on Thursday, American Banking & Market News reports. The firm currently has an equal weight rating on the stock.
NA has been the subject of a number of other recent research reports. Analysts at RBC Capital cut their price target on shares of National Bank of Canada from C$93.00 to C$90.00 in a research note to investors on Thursday. They now have an outperform rating on the stock. Separately, analysts at TD Securities cut their price target on shares of National Bank of Canada from C$104.00 to C$100.00 in a research note to investors on Thursday. They now have a hold rating on the stock. Finally, analysts at DA Davidson raised their price target on shares of National Bank of Canada from C$24.00 to C$25.00 in a research note to investors on Monday, October 28th. They now have a buy rating on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the stock. National Bank of Canada has an average rating of Hold and a consensus price target of C$82.44.
Shares of National Bank of Canada (TSE:NA) traded down 0.51% during mid-day trading on Thursday, hitting $88.88. 465,803 shares of the company’s stock traded hands. National Bank of Canada has a 1-year low of $71.77 and a 1-year high of $93.92. The stock has a 50-day moving average of $91.08 and a 200-day moving average of $82.28. The company has a market cap of $14.438 billion and a P/E ratio of 9.98.
The company also recently declared a quarterly dividend, which is scheduled for Saturday, February 1st. Shareholders of record on Friday, December 27th will be given a dividend of $0.92 per share. This represents a $3.68 dividend on an annualized basis and a yield of 4.12%.
National Bank of Canada (TSE:NA) is an integrated bank that provides financial services to consumers, small and medium-sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.