Weekly Research Analysts’ Ratings Updates for National Bank of Canada (NA)

Several analysts have recently updated their ratings and price targets for National Bank of Canada (TSE: NA):

• 8/13/2026 – National Bank of Canada had its price target raised by Jefferies Financial Group Inc. from C$196.00 to C$208.00. They now have a “hold” rating on the stock.
• 8/12/2026 – National Bank of Canada had its price target raised by TD from C$202.00 to C$227.00. They now have a “hold” rating on the stock.
• 8/12/2026 – National Bank of Canada had its price target raised by Raymond James Financial, Inc. from C$203.00 to C$226.50. They now have a “market perform” rating on the stock.
• 8/5/2026 – National Bank of Canada was downgraded by Desjardins from “buy” to “hold”. They now have a C$238.00 price target on the stock, up from C$217.00.
• 7/7/2026 – National Bank of Canada had its price target raised by Canaccord Genuity Group Inc. from C$205.00 to C$224.00. They now have a “hold” rating on the stock.
• 6/16/2026 – National Bank of Canada had its price target raised by Scotiabank from C$214.00 to C$222.00. They now have a “sector outperform” rating on the stock.

National Bank of Canada Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Investors of record on Saturday, August 1st were issued a dividend of $1.32 per share. The ex-dividend date of this dividend was Monday, June 29th. This represents a $5.28 dividend on an annualized basis and a yield of 2.3%. This is a positive change from National Bank of Canada’s previous quarterly dividend of $1.24. National Bank of Canada’s payout ratio is 42.83%.

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).