National Bank of Canada (NA) Stock Forecast & Price Target

C$120.06 +0.19 (+0.16%)

As of 03/25/2025 04:00 PM Eastern

National Bank of Canada - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold

Based on 12 Analyst Ratings

Sell
0

Hold
9

Buy
3

Based on 12 Wall Street analysts who have issued ratings for National Bank of Canada in the last 12 months, the stock has a consensus rating of "Hold." Out of the 12 analysts, 9 have given a hold rating, and 3 have given a buy rating for NA.

Consensus Price Target

C$136.40
13.61% Upside

According to the 12 analysts' twelve-month price targets for National Bank of Canada, the average price target is C$136.40. The highest price target for NA is C$147.00, while the lowest price target for NA is C$125.00. The average price target represents a forecasted upside of 13.61% from the current price of C$120.06.

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NA Analyst Ratings Over Time

Type	Current Forecast 3/26/24 to 3/26/25	1 Month Ago 2/25/24 to 2/24/25	3 Months Ago 12/27/23 to 12/26/24	1 Year Ago 3/27/23 to 3/26/24
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	9 Hold rating(s)	10 Hold rating(s)	10 Hold rating(s)	8 Hold rating(s)
Sell	0 Sell rating(s)	1 Sell rating(s)	1 Sell rating(s)	2 Sell rating(s)
Consensus Price Target	C$136.40	C$138.20	C$136.10	C$107.00
Forecasted Upside	13.61% Upside	10.53% Upside	2.56% Upside	-5.92% Downside
Consensus Rating	Hold	Hold	Hold	Hold

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NA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

NA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

National Bank of Canada Stock vs. The Competition

Type	National Bank of Canada	Financial Services Companies
Consensus Rating Score	2.25	2.63
Consensus Rating	Hold	Moderate Buy
News Sentiment Rating	Positive News See Recent NA News	Positive News

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Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
3/5/2025	CIBC 3 of 5 stars		Lower Target		C$135.00 ➝ C$127.00	+9.42%
3/5/2025	TD Securities 4 of 5 stars		Lower Target	Hold	C$135.00 ➝ C$131.00	+11.43%
2/28/2025	UBS Group 4 of 5 stars		Lower Target		C$145.00 ➝ C$140.00	+18.04%
2/27/2025	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperform	C$143.00 ➝ C$135.00	+12.82%
2/27/2025	Cormark Subscribe to MarketBeat All Access for the recommendation accuracy rating	L. Persaud Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target		C$139.00 ➝ C$137.00	+14.49%
2/27/2025	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Buy	C$149.00 ➝ C$147.00	+22.85%
2/27/2025	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Hold	C$140.00 ➝ C$136.00	+13.66%
2/27/2025	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	C$145.00 ➝ C$144.00	+20.34%
2/20/2025	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Sector Perform	C$154.00 ➝ C$125.00	+1.48%
2/18/2025	Cibc World Mkts Subscribe to MarketBeat All Access for the recommendation accuracy rating	P. Holden Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
Get the Latest News and Ratings for NA and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for National Bank of Canada and its competitors with MarketBeat's FREE daily newsletter.
12/5/2024	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$135.00 ➝ C$142.00	+5.22%
11/21/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Morton Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
2/29/2024	Veritas Investment Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Reduce
11/23/2023	Keefe, Bruyette & Woods Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Market Perform	C$101.00 ➝ C$97.00	+8.03%
9/12/2023	CSFB Subscribe to MarketBeat All Access for the recommendation accuracy rating		Set Target	Outperform	C$108.00	+14.71%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 02:31 AM ET.

Should I Buy National Bank of Canada Stock? NA Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, March 24, 2025. Please send any questions or comments about these National Bank of Canada pros and cons to contact@marketbeat.com.

National Bank of Canada
Bull Case

Here are some ways that investors could benefit from investing in National Bank of Canada:

The current stock price is C$117.43, which is relatively stable compared to its 12-month high of C$141.15, indicating potential for recovery and growth.
National Bank of Canada has a solid dividend yield of 3.86%, providing investors with a reliable income stream. The company has declared a quarterly dividend of $1.14, which reflects its commitment to returning value to shareholders.
The bank's market capitalization stands at approximately C$46.03 billion, showcasing its significant presence in the financial sector and stability as a large-cap stock.
Recent insider purchases, including a senior officer acquiring shares worth C$249,653.16, suggest confidence in the company's future performance, which can be a positive signal for potential investors.
Analysts have a consensus rating of "Hold" with an average target price of C$136.40, indicating that there is room for price appreciation based on current valuations.

National Bank of Canada
Bear Case

Investors should be bearish about investing in National Bank of Canada for these reasons:

Recent downgrades from analysts, including BMO Capital Markets and Desjardins, have lowered target prices, which may indicate a bearish outlook on the stock's short-term performance.
The price-to-earnings (P/E) ratio of 10.47, while not excessively high, suggests that the stock may not be undervalued compared to its peers, potentially limiting upside for new investors.
With a price-to-earnings-growth (PEG) ratio of 7.14, the stock may be considered overvalued relative to its growth rate, which could deter growth-focused investors.
The stock has experienced fluctuations, with a 50-day moving average of C$124.89, indicating volatility that may concern risk-averse investors.
The dividend payout ratio of 39.03% suggests that a significant portion of earnings is being returned to shareholders, which could limit funds available for reinvestment in growth opportunities.

NA Forecast - Frequently Asked Questions

: According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for National Bank of Canada is C$136.40, with a high forecast of C$147.00 and a low forecast of C$125.00.
: 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for National Bank of Canada in the last twelve months. There are currently 9 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" NA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NA, but not buy additional shares or sell existing shares.
: According to analysts, National Bank of Canada's stock has a predicted upside of 13.61% based on their 12-month stock forecasts.
: Over the previous 90 days, National Bank of Canada's stock had 2 upgrades and 2 downgrades by analysts.
: National Bank of Canada has been rated by research analysts at BMO Capital Markets, CIBC, Cibc World Mkts, Cormark, Desjardins, Jefferies Financial Group, Royal Bank of Canada, Scotiabank, TD Securities, and UBS Group in the past 90 days.
: Analysts like National Bank of Canada less than other "financial services" companies. The consensus rating for National Bank of Canada is Hold while the average consensus rating for "financial services" companies is Moderate Buy. Learn more on how NA compares to other companies.

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This page (TSE:NA) was last updated on 3/26/2025 by MarketBeat.com Staff

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National Bank of Canada (NA) Stock Forecast & Price Target