National Bank of Canada (TSE:NA)‘s stock had its “neutral” rating reiterated by Dundee Securities in a report released on Wednesday, StockTargetPrices.com reports. They presently have a C$51.00 target price on the stock. Dundee Securities’ price objective indicates a potential upside of 7.03% from the company’s current price.

A number of other equities analysts have also weighed in on NA. TD Securities upped their target price on National Bank of Canada from C$43.00 to C$47.00 and gave the stock a “hold” rating in a research note on Thursday, September 1st. Desjardins reiterated a “hold” rating and set a C$46.00 price objective on shares of National Bank of Canada in a research report on Thursday, September 1st. Barclays PLC reiterated an “equal weight” rating on shares of National Bank of Canada in a research report on Friday, June 3rd. BMO Capital Markets increased their price objective on National Bank of Canada from C$45.00 to C$49.00 in a research report on Thursday, September 1st. Finally, Canaccord Genuity reiterated a “buy” rating on shares of National Bank of Canada in a research report on Wednesday, June 8th. Eight analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of C$49.33.

Shares of National Bank of Canada (TSE:NA) traded down 0.25% during midday trading on Wednesday, reaching $47.53. The company’s stock had a trading volume of 793,283 shares. The company has a market capitalization of $16.05 billion and a P/E ratio of 13.74. The company’s 50-day moving average price is $46.42 and its 200 day moving average price is $44.39. National Bank of Canada has a 12-month low of $34.86 and a 12-month high of $47.98.

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The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 1st. Shareholders of record on Monday, September 26th will be issued a $0.55 dividend. This represents a $2.20 annualized dividend and a yield of 4.62%. The ex-dividend date of this dividend is Thursday, September 22nd.

About National Bank of Canada

National Bank of Canada (the Bank) is an integrated provider of financial services to retail, commercial, corporate and institutional clients. The Bank offers a range of services that include banking and investment solutions, securities brokerage, insurance and wealth management. The Bank operates in three business segments: Personal and Commercial, Wealth Management and Financial Markets.

Stock Target Prices

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