Cormark Lowers National Bank of Canada (TSE:NA) Price Target to C$142.00

National Bank of Canada (TSE:NA) had its price target reduced by equities research analysts at Cormark from C$145.00 to C$142.00 in a note issued to investors on Thursday,BayStreet.CA reports. Cormark’s price target would suggest a potential upside of 6.97% from the stock’s previous close. Cormark also issued estimates for National Bank of Canada’s FY2026 earnings at $11.64 EPS.

Several other research firms have also recently commented on NA. CIBC lifted their target price on National Bank of Canada from C$135.00 to C$141.00 in a research note on Tuesday, November 26th. Scotiabank raised their price target on National Bank of Canada from C$129.00 to C$154.00 in a research report on Monday, November 25th. BMO Capital Markets raised their price target on National Bank of Canada from C$125.00 to C$143.00 in a research report on Monday, November 18th. Royal Bank of Canada raised their price target on National Bank of Canada from C$116.00 to C$134.00 in a research report on Thursday. Finally, Barclays lowered National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of C$136.10.

National Bank of Canada Stock Performance

TSE NA opened at C$132.75 on Thursday. The stock has a fifty day moving average of C$132.61 and a 200-day moving average of C$121.64. The stock has a market capitalization of C$45.19 billion, a P/E ratio of 12.93, a price-to-earnings-growth ratio of 7.14 and a beta of 1.12. National Bank of Canada has a 52 week low of C$93.31 and a 52 week high of C$141.15.

Insiders Place Their Bets

In other National Bank of Canada news, Director Yvon Charest bought 285 shares of National Bank of Canada stock in a transaction on Tuesday, November 19th. The shares were purchased at an average cost of C$133.71 per share, for a total transaction of C$38,107.35. Corporate insiders own 0.21% of the company’s stock.

National Bank of Canada Company Profile

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.