Desjardins Has Lowered Expectations for National Bank of Canada (TSE:NA) Stock Price

National Bank of Canada (TSE:NA) had its price objective reduced by Desjardins from C$140.00 to C$136.00 in a research report report published on Thursday morning,BayStreet.CA reports. They currently have a hold rating on the financial services provider’s stock. Desjardins also issued estimates for National Bank of Canada’s Q2 2025 earnings at $2.39 EPS, Q3 2025 earnings at $2.60 EPS, Q3 2025 earnings at $2.60 EPS, Q4 2025 earnings at $2.83 EPS, Q4 2025 earnings at $2.83 EPS, FY2026 earnings at $11.60 EPS and FY2026 earnings at $11.60 EPS.

Several other research firms have also weighed in on NA. Cibc World Mkts lowered shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 18th. Royal Bank of Canada reduced their target price on shares of National Bank of Canada from C$145.00 to C$144.00 and set a “sector perform” rating on the stock in a report on Thursday. BMO Capital Markets lifted their price target on shares of National Bank of Canada from C$125.00 to C$143.00 in a research note on Monday, November 18th. TD Securities dropped their price target on shares of National Bank of Canada from C$140.00 to C$138.00 in a research note on Thursday, December 5th. Finally, Jefferies Financial Group dropped their price target on shares of National Bank of Canada from C$153.00 to C$149.00 in a research note on Tuesday, February 18th. Nine research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, National Bank of Canada currently has an average rating of “Hold” and a consensus target price of C$137.20.

National Bank of Canada Trading Up 0.3 %

TSE:NA opened at C$120.41 on Thursday. The firm has a market capitalization of C$46.95 billion, a price-to-earnings ratio of 10.68, a PEG ratio of 7.14 and a beta of 1.12. The firm’s fifty day simple moving average is C$128.77 and its 200 day simple moving average is C$128.95. National Bank of Canada has a twelve month low of C$104.84 and a twelve month high of C$141.15.

National Bank of Canada Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 1st. Stockholders of record on Monday, March 31st will be given a $1.14 dividend. This represents a $4.56 annualized dividend and a dividend yield of 3.79%. National Bank of Canada’s payout ratio is currently 39.03%.

Insider Transactions at National Bank of Canada

In related news, insider Marie-Chantal Gingras bought 1,750 shares of the company’s stock in a transaction dated Thursday, February 27th. The stock was bought at an average price of C$119.45 per share, with a total value of C$209,037.50. Also, Director Yvon Charest bought 334 shares of the company’s stock in a transaction dated Wednesday, February 19th. The stock was bought at an average cost of C$125.90 per share, with a total value of C$42,050.60. In the last 90 days, insiders purchased 6,344 shares of company stock valued at $763,776. Insiders own 0.21% of the company’s stock.

About National Bank of Canada

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.