National Bank of Canada (TSE:NA - Get Free Report) was upgraded by equities researchers at Cibc World Mkts from a "hold" rating to a "strong-buy" rating in a note issued to investors on Thursday,Zacks.com reports.
NA has been the topic of a number of other reports. CIBC increased their price target on National Bank of Canada from C$135.00 to C$141.00 in a research report on Tuesday, November 26th. Scotiabank raised their target price on shares of National Bank of Canada from C$129.00 to C$154.00 in a research note on Monday, November 25th. Cormark dropped their price target on shares of National Bank of Canada from C$145.00 to C$142.00 in a research report on Thursday, December 5th. Barclays downgraded shares of National Bank of Canada from a "strong-buy" rating to a "hold" rating in a research report on Thursday, November 21st. Finally, BMO Capital Markets boosted their price objective on shares of National Bank of Canada from C$125.00 to C$143.00 in a research note on Monday, November 18th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of C$137.20.
Read Our Latest Stock Analysis on National Bank of Canada
National Bank of Canada Trading Down 0.2 %
TSE NA traded down C$0.28 on Thursday, hitting C$132.49. 1,973,877 shares of the company were exchanged, compared to its average volume of 1,772,696. National Bank of Canada has a 1-year low of C$98.04 and a 1-year high of C$141.15. The company has a market cap of C$45.10 billion, a P/E ratio of 12.90, a P/E/G ratio of 7.14 and a beta of 1.12. The firm has a 50 day moving average of C$133.97 and a two-hundred day moving average of C$125.07.
Insider Activity at National Bank of Canada
In other news, insider Marie-Chantal Gingras sold 600 shares of the 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. Also, Senior Officer Brigitte Hébert sold 400 shares of the company's stock in a transaction on Tuesday, December 24th. The shares were sold at an average price of C$132.46, for a total transaction of C$52,984.00. 0.21% of the stock is currently owned by company insiders.
About National Bank of Canada
(
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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