UBS Group Lowers National Bank of Canada (TSE:NA) Price Target to C$145.00

National Bank of Canada (TSE:NA - Get Free Report) had its target price decreased by research analysts at UBS Group from C$150.00 to C$145.00 in a research note issued on Friday,BayStreet.CA reports. UBS Group's price objective points to a potential upside of 15.95% from the company's previous close.

A number of other equities research analysts also recently weighed in on NA. Royal Bank of Canada raised their price target on National Bank of Canada from C$134.00 to C$145.00 and gave the stock a "sector perform" rating in a research note on Wednesday, January 8th. BMO Capital Markets raised their price objective on shares of National Bank of Canada from C$125.00 to C$143.00 in a research report on Monday, November 18th. CIBC boosted their target price on shares of National Bank of Canada from C$135.00 to C$141.00 in a research report on Tuesday, November 26th. Barclays lowered shares of National Bank of Canada from a "strong-buy" rating to a "hold" rating in a research note on Thursday, November 21st. Finally, Canaccord Genuity Group lifted their price objective on shares of 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 assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of C$141.10.

National Bank of Canada Trading Down 0.9 %

TSE NA traded down C$1.18 during trading on Friday, reaching C$125.05. 1,207,461 shares of the company's stock were exchanged, compared to its average volume of 1,650,037. National Bank of Canada has a fifty-two week low of C$102.90 and a fifty-two week high of C$141.15. The company's fifty day simple moving average is C$130.52 and its 200-day simple moving average is C$128.45. The firm has a market capitalization of C$48.75 billion, a PE ratio of 11.09, a P/E/G ratio of 7.14 and a beta of 1.12.

Insider Buying and Selling

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

About National Bank of Canada

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.