National Bank of Canada Analysts Set Average Price Target at C$139.40

As of February 21, 2025, the National Bank of Canada (TSE:NA) has attracted attention from analysts who have given the stock an average rating of "Hold." Currently, twelve ratings firms are covering the stock, with one analyst suggesting a sell, eight recommending holding, two advising to buy, and one confident enough to classify it as a "strong buy." The consensus target price for the stock among brokerage analysts stands at C$138.20.

Recent reports from various analysts have produced noteworthy changes in target prices for National Bank of Canada. Jefferies Financial Group has recently decreased their target from C$153.00 to C$149.00. Meanwhile, CIBC World Markets upgraded the stock's rating from "hold" to "strong buy." BMO Capital Markets also raised their target price from C$125.00 to C$143.00. Additionally, the UBS Group revised their price target down from C$150.00 to C$145.00. Similarly, Royal Bank of Canada increased their target from C$134.00 to C$145.00 while assigning the stock a "sector perform" rating.

Recent Insider Activity

In terms of insider trading, Director Yvon Charest purchased 334 shares of National Bank of Canada on February 19th for an average price of C$125.90, amounting to C$42,050.60. Conversely, Senior Officer Brigitte Hébert sold 400 shares on December 24th at an average of C$132.46, totaling C$52,984.00. Currently, insiders hold approximately 0.21% of the company’s stock.

Stock Performance Overview

On the trading front, shares of National Bank of Canada opened at C$123.48. Over the past year, the stock has reached a low of C$102.90 and a high of C$141.15. The company has a market capitalization of C$48.14 billion, a price-to-earnings (P/E) ratio of 10.95, and a price-to-earnings-growth (P/E/G) ratio of 7.14.

Dividend Disclosure

The bank has also recently declared a quarterly dividend, which was distributed on February 1st. Shareholders who held their shares on December 30th received a dividend of $1.14, marking an increase from the previous quarterly dividend of $1.10. This change results in an annualized dividend of $4.56, yielding 3.69%. The ex-dividend date was also set for December 30th. The current dividend payout ratio stands at 39.03%.

About National Bank of Canada

The National Bank of Canada offers a variety of financial services to individuals, corporations, institutional clients, and governments, both in Canada and globally. The bank operates through four primary segments: Personal and Commercial Banking, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. Its Personal and Commercial Banking division provides services such as mortgage loans, home equity lines of credit, consumer loans, payment solutions, and various insurance products, in addition to commercial banking services.

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