National Bank of Canada (TSE:NA) had its target price lifted by BMO Capital Markets from C$61.00 to C$66.00 in a research note issued to investors on Monday morning. The firm currently has a market perform rating on the financial services provider’s stock.

NA has been the topic of several other reports. Canaccord Genuity upped their target price on shares of National Bank of Canada from C$62.00 to C$66.00 in a research report on Wednesday, November 1st. TD Securities increased their price objective on shares of National Bank of Canada from C$60.00 to C$61.00 and gave the stock a hold rating in a research report on Thursday, August 31st. Royal Bank Of Canada increased their price objective on shares of National Bank of Canada from C$62.00 to C$65.00 and gave the stock an outperform rating in a research report on Thursday, August 31st. CIBC increased their price objective on shares of National Bank of Canada from C$62.00 to C$68.00 in a research report on Monday, November 13th. Finally, Scotiabank increased their price objective on shares of National Bank of Canada from C$61.00 to C$65.00 and gave the stock an outperform rating in a research report on Thursday, August 31st. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of C$64.50.

Shares of National Bank of Canada (TSE:NA) opened at C$63.38 on Monday. National Bank of Canada has a 1 year low of C$51.41 and a 1 year high of C$64.37.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 1st. Stockholders of record on Wednesday, December 27th will be given a dividend of $0.60 per share. This is a positive change from National Bank of Canada’s previous quarterly dividend of $0.58. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.79%. National Bank of Canada’s dividend payout ratio (DPR) is 42.38%.

In related news, Director Richard Fortin bought 2,000 shares of National Bank of Canada stock in a transaction dated Friday, September 22nd. The shares were acquired at an average cost of C$57.76 per share, with a total value of C$115,520.00. Also, insider Elaine Marchand sold 6,100 shares of the firm’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of C$59.50, for a total transaction of C$362,950.00. Over the last ninety days, insiders have bought 16,900 shares of company stock worth $988,018 and have sold 16,900 shares worth $968,706.

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