NA has been the topic of several other reports. UBS Group decreased their target price on shares of National Bank of Canada from C$145.00 to C$140.00 in a research note on Friday, February 28th. BMO Capital Markets cut their price target on shares of National Bank of Canada from C$143.00 to C$135.00 and set an “outperform” rating on the stock in a report on Thursday, February 27th. Jefferies Financial Group downgraded National Bank of Canada from a “buy” rating to a “hold” rating and reduced their price target for the company from C$147.00 to C$126.00 in a report on Monday, April 21st. TD Securities cut their price target on shares of National Bank of Canada from C$135.00 to C$131.00 and set a “hold” rating on the stock in a report on Wednesday, March 5th. Finally, Royal Bank of Canada reduced their target price on 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, February 27th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$134.10.

View Our Latest Stock Analysis on National Bank of Canada

TSE:NA opened at C$134.26 on Monday. The firm has a market cap of C$52.35 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 7.14 and a beta of 1.12. National Bank of Canada has a fifty-two week low of C$105.43 and a fifty-two week high of C$141.15. The business has a 50 day moving average price of C$121.54 and a 200-day moving average price of C$125.94.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 1st. Stockholders of record on Monday, June 30th will be paid a $1.18 dividend. This is a boost from National Bank of Canada’s previous quarterly dividend of $1.14. This represents a $4.72 dividend on an annualized basis and a dividend yield of 3.52%. National Bank of Canada’s dividend payout ratio is currently 39.03%.

In other news, Senior Officer Lucie Blanchet purchased 2,147 shares of the business’s stock in a transaction dated Thursday, March 13th. The shares were purchased at an average price of C$116.28 per share, for a total transaction of C$249,653.16. Also, Director Yvon Charest purchased 362 shares of National Bank of Canada stock in a transaction that occurred on Tuesday, May 20th. The shares were purchased at an average cost of C$127.93 per share, with a total value of C$46,310.66. Insiders purchased 3,509 shares of company stock worth $413,894 over the last three months. 0.21% of the stock is currently owned by corporate insiders.

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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.

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