Barclays Sticks to Their Hold Rating for National Bank of Canada (NA)

In a new note to investors yesterday, an analyst has provided a rating update for the Financial sector company, National Bank of Canada (NAResearch Report). Barclays’ analyst John Aiken reiterates their Hold rating on the shares, with a C$62 price target.

According to TipRanks.com, Aiken is currently ranked with no stars on a 0-5 star ranking scale, with an average return of -2.7% and a 35.4% success rate. Aiken covers the Financial sector, focusing on stocks such as Canadian Bank of Commerce, National Bank of Canada, and Toronto Dominion Bank.

National Bank of Canada has an analyst consensus of Hold, with a price target consensus of C$66.20, which is a 13.6% upside from current levels. In a report issued on November 22, Canaccord Genuity also maintained a Hold rating on the stock with a C$64 price target.

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The company has a one-year high of C$65.95 and a one-year low of C$58.58. Currently, National Bank of Canada has an average volume of 894K.

National Bank of Canada engages in the provision of commercial banking and financial services. It operates through the following segments: Personal and Commercial, Wealth Management, Financial Markets, US Specialty Finance and International (USSF&I), and Other.

The company’s shares closed on Thursday at C$58.28.

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