National Bank of Canada (TSE:NA) Director Yvon Charest Buys 348 Shares

National Bank of Canada (TSE:NAGet Rating) Director Yvon Charest bought 348 shares of the company’s stock in a transaction dated Monday, November 21st. The shares were acquired at an average price of C$96.03 per share, for a total transaction of C$33,418.44. Following the completion of the transaction, the director now directly owns 15,864 shares in the company, valued at C$1,523,419.92.

National Bank of Canada Price Performance

NA stock opened at C$97.39 on Tuesday. National Bank of Canada has a 1 year low of C$82.16 and a 1 year high of C$106.10. The firm has a market capitalization of C$32.77 billion and a PE ratio of 10.00. The business has a 50 day simple moving average of C$90.54 and a 200-day simple moving average of C$90.22.

National Bank of Canada (TSE:NAGet Rating) last announced its quarterly earnings data on Wednesday, August 24th. The financial services provider reported C$2.35 EPS for the quarter, topping analysts’ consensus estimates of C$2.27 by C$0.08. The company had revenue of C$2.41 billion for the quarter, compared to analysts’ expectations of C$2.45 billion. On average, equities research analysts expect that National Bank of Canada will post 9.8199999 EPS for the current year.

National Bank of Canada Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, November 1st. Investors of record on Monday, September 26th were given a dividend of $0.92 per share. The ex-dividend date of this dividend was Friday, September 23rd. This represents a $3.68 dividend on an annualized basis and a yield of 3.78%. National Bank of Canada’s payout ratio is 34.60%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Scotiabank raised their target price on National Bank of Canada from C$107.00 to C$112.00 in a research report on Thursday, August 18th. Keefe, Bruyette & Woods raised their target price on National Bank of Canada from C$100.00 to C$106.00 in a research report on Friday, September 2nd. BMO Capital Markets dropped their target price on National Bank of Canada from C$108.00 to C$103.00 in a research report on Friday, September 2nd. CIBC dropped their target price on National Bank of Canada from C$104.00 to C$100.00 in a research report on Wednesday, September 7th. Finally, Barclays decreased their price target on shares of National Bank of Canada from C$93.00 to C$91.00 in a research note on Monday, August 15th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$104.75.

National Bank of Canada Company Profile

(Get Rating)

National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International.

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