CIBC Increases National Bank of Canada (NA) Price Target to C$68.00

National Bank of Canada (TSE:NA) had its price target lifted by investment analysts at CIBC from C$62.00 to C$68.00 in a research report issued to clients and investors on Monday. CIBC’s price objective points to a potential upside of 9.10% from the company’s previous close.

NA has been the subject of several other reports. Canaccord Genuity boosted their target price on National Bank of Canada from C$62.00 to C$66.00 in a report on Wednesday, November 1st. TD Securities boosted their target price on National Bank of Canada from C$60.00 to C$61.00 and gave the company a “hold” rating in a report on Thursday, August 31st. Royal Bank Of Canada boosted their target price on National Bank of Canada from C$62.00 to C$65.00 and gave the company an “outperform” rating in a report on Thursday, August 31st. Scotiabank boosted their target price on National Bank of Canada from C$61.00 to C$65.00 and gave the company an “outperform” rating in a report on Thursday, August 31st. Finally, BMO Capital Markets boosted their target price 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 equities research analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of C$61.58.

National Bank of Canada (TSE NA) traded down C$0.27 during trading on Monday, hitting C$62.33. The stock had a trading volume of 711,754 shares, compared to its average volume of 1,102,496. National Bank of Canada has a fifty-two week low of C$47.51 and a fifty-two week high of C$63.86.

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In other National Bank of Canada news, Director Richard Fortin bought 2,000 shares of the business’s stock in a transaction dated Friday, September 22nd. The stock was acquired at an average cost of C$57.76 per share, with a total value of C$115,520.00. Also, insider Jean Dagenais sold 10,000 shares of the stock in a transaction that occurred on Thursday, September 21st. The stock was sold at an average price of C$58.45, for a total value of C$584,500.00. Over the last ninety days, insiders have acquired 16,900 shares of company stock valued at $988,018 and have sold 17,100 shares valued at $980,254.

National Bank of Canada Company Profile

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

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