Shares of National Bank of Canada (TSE:NA) have earned a consensus rating of “Hold” from the twelve research firms that are currently covering the stock. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$49.82.
Several equities research analysts recently weighed in on the company. TD Securities lifted their price objective on National Bank of Canada from C$43.00 to C$47.00 and gave the stock a “hold” rating in a report on Thursday, September 1st. Desjardins reissued a “hold” rating and issued a C$46.00 price objective on shares of National Bank of Canada in a report on Thursday, September 1st. Barclays PLC reissued an “equal weight” rating on shares of National Bank of Canada in a report on Friday, June 3rd. BMO Capital Markets lifted their price objective on National Bank of Canada from C$45.00 to C$49.00 in a report on Thursday, September 1st. Finally, Canaccord Genuity reissued a “buy” rating on shares of National Bank of Canada in a report on Wednesday, June 8th.
National Bank of Canada (TSE:NA) opened at 46.70 on Monday. The firm has a market cap of $15.77 billion and a P/E ratio of 13.50. The stock has a 50 day moving average price of $46.78 and a 200 day moving average price of $44.62. National Bank of Canada has a 1-year low of $34.86 and a 1-year high of $47.98.
The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 1st. Investors of record on Monday, September 26th will be given a dividend of $0.55 per share. This represents a $2.20 dividend on an annualized basis and a yield of 4.71%. The ex-dividend date is Thursday, September 22nd.
National Bank of Canada Company Profile
National Bank of Canada (the Bank) is an integrated provider of financial services to retail, commercial, corporate and institutional clients. The Bank offers a range of services that include banking and investment solutions, securities brokerage, insurance and wealth management. The Bank operates in three business segments: Personal and Commercial, Wealth Management and Financial Markets.
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