National Bank of Canada (TSE:NA - Get Free Report) was upgraded by Cormark from a "hold" rating to a "moderate buy" rating in a research note issued on Wednesday,Zacks.com reports.

Several other research firms have also recently issued reports on NA. TD Securities decreased their price target on National Bank of Canada from C$140.00 to C$138.00 in a research note on Thursday, December 5th. CIBC boosted their price target on shares of National Bank of Canada from C$135.00 to C$141.00 in a research report on Tuesday, November 26th. Scotiabank increased their price objective on shares of National Bank of Canada from C$129.00 to C$154.00 in a report on Monday, November 25th. Barclays downgraded National Bank of Canada from a "strong-buy" rating to a "hold" rating in a report on Thursday, November 21st. Finally, Canaccord Genuity Group lifted their price target on National Bank of Canada from C$135.00 to C$142.00 in a research note on Thursday, December 5th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, two have given a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of C$137.20.

Get Our Latest Stock Report on NA

Shares of TSE:NA opened at C$131.37 on Wednesday. The company's fifty day moving average is C$133.96 and its two-hundred day moving average is C$125.47. National Bank of Canada has a 1-year low of C$98.04 and a 1-year high of C$141.15. The stock has a market capitalization of C$44.72 billion, a price-to-earnings ratio of 12.79, a price-to-earnings-growth ratio of 7.14 and a beta of 1.12.

In other National Bank of Canada news, Senior Officer Brigitte Hébert sold 400 shares of the firm's stock in a transaction dated Tuesday, December 24th. The stock was sold at an average price of C$132.46, for a total transaction of C$52,984.00. Also, insider Marie-Chantal Gingras sold 600 shares of the company's stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of C$132.79, for a total transaction of C$79,674.00. 0.21% of the stock is currently owned by company insiders.

(Get Free Report)

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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