National Bank of Canada (TSE:NA) Given New C$134.00 Price Target at Royal Bank of Canada

National Bank of Canada (TSE:NA) had its price objective raised by investment analysts at Royal Bank of Canada from C$116.00 to C$134.00 in a report issued on Thursday,BayStreet.CA reports. Royal Bank of Canada’s price target indicates a potential upside of 0.94% from the stock’s previous close.

NA has been the topic of several other reports. Cormark upped their target price on National Bank of Canada from C$122.00 to C$128.00 in a research report on Thursday, August 29th. Jefferies Financial Group upped their target price on National Bank of Canada from C$119.00 to C$126.00 in a research report on Thursday, August 29th. TD Securities dropped their target price on National Bank of Canada from C$140.00 to C$138.00 in a research report on Thursday. Scotiabank upped their target price on National Bank of Canada from C$129.00 to C$154.00 in a research report on Monday, November 25th. Finally, BMO Capital Markets upped their price target on National Bank of Canada from C$125.00 to C$143.00 in a research note on Monday, November 18th. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of C$136.10.

National Bank of Canada Price Performance

Shares of NA stock opened at C$132.75 on Thursday. National Bank of Canada has a fifty-two week low of C$93.31 and a fifty-two week high of C$141.15. The stock’s 50-day moving average is C$132.61 and its two-hundred day moving average is C$121.64. The firm has a market cap of C$45.19 billion, a P/E ratio of 12.93, a PEG ratio of 7.14 and a beta of 1.12.

Insider Activity at National Bank of Canada

In other National Bank of Canada news, Director Yvon Charest bought 285 shares of the firm’s stock in a transaction that occurred on Tuesday, November 19th. The stock was purchased at an average price of C$133.71 per share, for a total transaction of C$38,107.35. 0.21% of the stock is owned by corporate insiders.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.