National Bank of Canada (TSE:NA) had its target price hoisted by Desjardins from C$62.00 to C$64.00 in a research report report published on Monday.

NA has been the subject of several other reports. Scotiabank lifted their price objective on shares of National Bank of Canada from C$60.00 to C$61.00 and gave the stock an outperform rating in a research note on Monday, August 21st. TD Securities lifted 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 note on Thursday, August 31st. Royal Bank Of Canada lifted their target price on 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. Canaccord Genuity lifted their target price on National Bank of Canada from C$60.00 to C$62.00 in a research report on Thursday, August 31st. Finally, BMO Capital Markets lifted their price objective on National Bank of Canada from C$60.00 to C$61.00 and gave the company a market perform rating in a report on Thursday, August 31st. One analyst has rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company. National Bank of Canada has an average rating of Hold and a consensus target price of C$64.50.

National Bank of Canada (TSE:NA) opened at C$64.00 on Monday. National Bank of Canada has a fifty-two week low of C$51.41 and a fifty-two week high of C$64.37.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 1st. Investors of record on Wednesday, December 27th will be issued a $0.60 dividend. This is an increase from National Bank of Canada’s previous quarterly dividend of $0.58. This represents a $2.40 annualized dividend and a dividend yield of 3.75%. National Bank of Canada’s payout ratio is presently 42.38%.

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

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National Bank of Canada Company Profile

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