National Bank of Canada Price Target Raised to C$224 at RBC
MT Newswires Live
Aug 27
RBC Capital Markets raised its price target on National Bank of Canada (NA.TO) to C$224 from C$214 on Thursday.
Analyst Darko Mihelic maintained a sector perform rating on shares of the Canadian bank following its quarterly results on Wednesday.
"Q3/26 was better than expected across many segments but we tend to view corporate earnings (maybe even capital markets growth rates) as unsustainable and there are some subtle changes worth exploring," Mihelic said in a note to clients.
(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)
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