National Bank of Canada (NA) PT Raised to C$64.00 at Desjardins

National Bank of Canada (TSE:NA) had its target price boosted by analysts at Desjardins from C$62.00 to C$64.00 in a research report issued to clients and investors on Monday. Desjardins’ price target suggests a potential upside of 0.96% from the stock’s previous close.

A number of other brokerages have also commented on NA. CSFB upped their price objective on National Bank of Canada from C$59.00 to C$61.00 in a report on Monday. Canaccord Genuity upped their price objective on National Bank of Canada from C$66.00 to C$68.00 in a report on Monday. BMO Capital Markets upped 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 report on Monday. CIBC upped their price objective on National Bank of Canada from C$62.00 to C$68.00 in a report on Monday, November 13th. Finally, Royal Bank Of Canada increased 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 report on Thursday, August 31st. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of C$64.50.

National Bank of Canada (NA) opened at C$63.39 on Monday. National Bank of Canada has a 1-year low of C$51.41 and a 1-year high of C$64.37.

In other National Bank of Canada news, Director Richard Fortin acquired 1,900 shares of the company’s stock in a transaction that occurred on Monday, September 25th. The stock was acquired at an average cost of C$58.02 per share, for a total transaction of C$110,238.00. Also, insider Elaine Marchand sold 6,100 shares of the company’s stock in a transaction on Thursday, September 28th. The stock was sold at an average price of C$59.50, for a total value of C$362,950.00. Over the last 90 days, insiders have purchased 16,900 shares of company stock valued at $988,018 and have sold 16,900 shares valued at $968,706.

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