National Bank of Canada Receives 'Strong-Buy' Upgrade from Scotiabank
On May 17th, 2025, Scotiabank upgraded National Bank of Canada's shares (OTCMKTS:NTIOF) to a strong-buy rating, according to Zacks.com. Other analysts have also released reports on the stock. CIBC World Markets lowered the rating from "hold" to "strong sell" on April 4th. National Bankshares also downgraded the stock from "speculative buy" to "underperform" on the same day. Cormark lowered the rating from "moderate buy" to "hold" on February 21st. Currently, two analysts have a sell rating, three have a hold rating, and one has a strong buy rating, resulting in a consensus rating of "Hold" according to MarketBeat.com.
National Bank of Canada's stock (NTIOF) opened at $91.89 on Thursday, up 0.6%. The company has a market capitalization of $35.96 billion, a P/E ratio of 11.71, and a beta of 1.00. The 12-month low is $74.21, and the 12-month high is $100.08. The current ratio and quick ratio are both 0.76, and the debt-to-equity ratio is 0.06. The 50-day moving average price is $84.25, and the 200-day moving average price is $89.01.
The company recently declared a dividend of $0.7975, which was paid on May 1st to investors of record on April 1st. The ex-dividend date was March 31st. The dividend payout ratio is 40.05%, representing a yield of 3.86%.
National Bank of Canada offers 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 provides personal and commercial banking services, including transaction solutions, loans, insurance, and investment solutions.
Separately, Scotiabank also upgraded National Bank of Canada's shares (TSE:NA) to a strong-buy rating. Other analysts have also issued reports on NA. Jefferies Financial Group cut the rating from "buy" to "hold" and lowered the target price from C$147.00 to C$126.00 on April 21st. UBS Group decreased the price objective from C$145.00 to C$140.00 on February 28th. CIBC cut the rating from "neutral" to "underperform" and decreased the price objective from C$127.00 to C$115.00 on April 4th. Royal Bank of Canada decreased the price objective from C$145.00 to C$144.00 and set a "sector perform" rating on February 27th. Currently, two analysts have a sell rating, seven have a hold rating, two have a buy rating, and one has a strong buy rating, resulting in a consensus rating of "Hold" and a consensus target price of C$133.10 according to MarketBeat.com.
National Bank of Canada's stock (NA) opened at C$128.60 on Thursday, up 0.8%. The stock has a 50-day moving average price of C$118.49 and a 200-day moving average price of C$126.21. The company has a market cap of C$50.14 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 7.14, and a beta of 1.12. The 1-year low is C$105.43, and the 1-year high is C$141.15.
The company recently declared a quarterly dividend of $1.14 per share, which was paid on May 1st to investors of record on March 31st. The dividend payout ratio is currently 39.03%, representing an annualized dividend of $4.56 and a yield of 3.55%.
Director Lynn Loewen purchased 1,000 shares of National Bank of Canada stock on March 17th at an average price of C$117.93 per share, for a total transaction of C$117,930.00. Also, Director Yvon Charest acquired 334 shares on February 19th at an average price of C$125.90 per share, with a total value of C$42,050.60. Over the last 90 days, insiders acquired 13,673 shares worth $1,629,603. Company insiders own 0.21% of the company’s stock.
National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally, operating through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International.