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

National Bank of Canada (TSE:NA) had its price objective boosted by research analysts at Canaccord Genuity from C$66.00 to C$68.00 in a report issued on Monday. Canaccord Genuity’s price target would suggest a potential upside of 7.27% from the stock’s previous close.

A number of other research analysts have also recently commented on NA. BMO Capital Markets boosted their target price on shares of National Bank of Canada from C$61.00 to C$66.00 and gave the stock a “market perform” rating in a research report on Monday. Scotiabank upped their price target on shares of National Bank of Canada from C$60.00 to C$61.00 and gave the company an “outperform” rating in a report on Monday, August 21st. Royal Bank Of Canada upped their price target on shares of 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. TD Securities upped their price target on shares of 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. Finally, CIBC upped their price target on shares of National Bank of Canada from C$62.00 to C$68.00 in a report on Monday, November 13th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of C$64.50.

National Bank of Canada (TSE NA) opened at C$63.39 on Monday. National Bank of Canada has a 12-month low of C$51.41 and a 12-month high of C$64.37.

In other National Bank of Canada news, insider Jean Dagenais sold 10,000 shares of the stock in a transaction on Thursday, September 21st. The shares were sold at an average price of C$58.45, for a total transaction of C$584,500.00. Also, insider Elaine Marchand sold 6,100 shares of the stock in a transaction on Thursday, September 28th. The stock was sold at an average price of C$59.50, for a total transaction of C$362,950.00. Over the last three months, insiders have acquired 16,900 shares of company stock worth $988,018 and have sold 16,900 shares worth $968,706.

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