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Equities research analysts at CSFB hoisted their target price on shares of National Bank of Canada (TSE:NA) from C$50.00 to C$55.00 in a research note issued to investors on Thursday. The firm currently has a “neutral” rating on the stock. CSFB’s target price would indicate a potential upside of 8.03% from the stock’s previous close.

National Bank of Canada (TSE:NA) traded up 1.67% during mid-day trading on Thursday, hitting $51.76. The stock had a trading volume of 1,095,581 shares. National Bank of Canada has a one year low of $39.80 and a one year high of $50.97. The stock’s 50-day moving average is $48.27 and its 200-day moving average is $45.86. The company has a market cap of $16.950 billion and a P/E ratio of 11.06.

The company also recently declared a quarterly dividend, which is scheduled for Saturday, November 1st. Shareholders of record on Thursday, September 25th will be given a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 3.77%.

NA has been the subject of a number of other recent research reports. Analysts at TD Securities raised their price target on shares of National Bank of Canada from C$50.00 to C$52.00 in a research note on Thursday. They now have a “hold” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of National Bank of Canada from C$48.00 to C$53.00 in a research note on Thursday. They now have a “sector perform” rating on the stock. Finally, analysts at Barclays raised their price target on shares of National Bank of Canada from C$50.00 to C$53.00 in a research note on Thursday. They now have an “equal weight” rating on the stock. Eight analysts have rated the stock with a hold rating and one has given a buy rating to the stock. National Bank of Canada currently has a consensus rating of “Hold” and an average price target of C$49.50.

National Bank of Canada (TSE:NA) is a bank.

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