National Bank of Canada Price Target Increased to C$50.00 by Analysts at Barclays (NA)
Investment analysts at Barclays boosted their price objective on shares of National Bank of Canada (TSE:NA) from C$48.00 to C$50.00 in a note issued to investors on Tuesday. Barclays’ target price suggests a potential upside of 2.46% from the stock’s previous close.
A number of other analysts have also recently weighed in on NA. Analysts at CIBC raised their price target on shares of National Bank of Canada from C$49.00 to C$51.00 in a research note on Tuesday, August 12th. They now have an “underperform” rating on the stock. Separately, analysts at Scotiabank reiterated a “sector perform” rating on shares of National Bank of Canada in a research note on Friday, June 13th. They now have a C$49.00 price target on the stock. Finally, analysts at TD Securities raised their price target on shares of National Bank of Canada from C$49.00 to C$50.00 in a research note on Monday, June 9th. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of C$49.80.
Shares of National Bank of Canada (TSE:NA) traded up 0.49% during mid-day trading on Tuesday, hitting $49.04. 152,110 shares of the company’s stock traded hands. National Bank of Canada has a 52 week low of $38.80 and a 52 week high of $49.41. The stock’s 50-day moving average is $47.58 and its 200-day moving average is $45.48. The company has a market cap of $16.059 billion and a P/E ratio of 10.60.
National Bank of Canada (TSE:NA) is a bank.
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