National Bank of Canada (NA) Price Target Raised to C$64.00

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

A number of other research firms have also commented on NA. BMO Capital Markets increased their price objective on National Bank of Canada from C$61.00 to C$66.00 and gave the company a market perform rating in a research note on Monday. Scotiabank increased their price objective on National Bank of Canada from C$60.00 to C$61.00 and gave the company an outperform rating in a research note on Monday, August 21st. Canaccord Genuity increased their price objective on National Bank of Canada from C$60.00 to C$62.00 in a research note on Thursday, August 31st. CIBC increased their price objective on National Bank of Canada from C$62.00 to C$68.00 in a research note on Monday, November 13th. Finally, Royal Bank Of Canada increased their price objective on National Bank of Canada from C$62.00 to C$65.00 and gave the company an outperform rating in a research note on Thursday, August 31st. One equities 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’s stock. National Bank of Canada presently has a consensus rating of Hold and a consensus price target of C$64.50.

National Bank of Canada (NA) opened at C$63.38 on Monday. National Bank of Canada has a 52-week low of C$51.41 and a 52-week high of C$64.37.

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

In related news, insider Elaine Marchand sold 6,100 shares of the firm’s stock in a transaction dated Thursday, September 28th. The stock was sold at an average price of C$59.50, for a total transaction of C$362,950.00. Also, insider Jean Dagenais sold 10,000 shares of the firm’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of C$58.45, for a total value of C$584,500.00. Over the last 90 days, insiders bought 16,900 shares of company stock worth $988,018 and sold 16,900 shares worth $968,706.

COPYRIGHT VIOLATION WARNING: This article was reported by Community Financial News and is the sole property of of Community Financial News. If you are viewing this article on another domain, it was copied illegally and reposted in violation of international copyright and trademark law. The correct version of this article can be accessed at https://www.com-unik.info/2017/12/07/national-bank-of-canada-na-price-target-raised-to-c64-00.html.

National Bank of Canada Company Profile

Analyst Recommendations for National Bank of Canada (TSE:NA)

What are top analysts saying about National Bank of Canada? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for National Bank of Canada and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit