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Investor Insights

This summary was created by AI, based on 27 opinions in the last 12 months.

The National Bank of Canada (NA-T) is receiving generally positive feedback from experts, with many highlighting its solid management and growth potential. Recent strategic decisions, particularly the acquisition of Canadian Western Bank (CWB), are seen as beneficial, positioning NA for future expansion. Experts note that NA's geographic focus primarily on Quebec gives it certain protective advantages in an uncertain economic landscape, though it also presents risks tied to the Canadian economy. Although some analysts express caution about potential market corrections, many recommend buying or accumulating shares, especially noting current price weaknesses as potential buying opportunities. Overall, consensus points to a favorable outlook, framed positively by solid operational performance over the years, despite potential caution surrounding the broader banking sector.

Consensus
Positive
Valuation
Fair Value
WAIT

Likes it in general. Great platform and franchise. If economy is heading for a contraction (for whatever reason), this name doesn't have the geographic exposure of the other 5 banks. Mainly in Quebec; very small US and international footprint. Extremely good job of growing, so he wouldn't bet against management. It's a macro call.

Disclosure: his dealer custody is with NA. 

WEAK BUY

In his opinion, the only quality banks in Canada are RY and NA. Best run for decades. He's not a huge bull on the Canadian banks, but this is one of the two names he'd buy.

BUY

If only he could roll back the time machine on his portfolio.... The bank that grew up and took a well-deserved seat at the big boys' table. Exceptional bank, packs a big punch in capital markets. Standout results. Purchase of CWB is a hand-in-glove fit, strategically sound, likely accretive. Lots of blue sky ahead, no qualms adding.

WAIT

Overall, banks should be correcting a little more than they are now. He sees some growth risks in Canada specifically. A bank like this, that's mostly exposed to the Canadian consumer and market, will have a bit of a correction if our economy is weaker.

Likes the name, but he'd wait for more of a drop before putting in new $$, perhaps another $10 lower.

HOLD

Leader in Canadian banking stocks. Good capital decision making. Strong balance sheet. Recent share price weakness could be a good time to buy. Domestic banks are more exposed to weakness in Canadian economy. Does not own shares right now. 

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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

Despite its expected growth, National remains cheap. It trades at 12.16x PE, compared to TD's 17.6x and Royal's 15.82x. True, NA's 3.13% dividend yield falls short of, say, BMO's 4.62%, but the projected growth makes up for this. Another plus is that National has no exposure to office real estate in the U.S., and only 8% exposure in commercial real estate there. Most of the bank's assets and operations lie in Canada. NA-T is a buy and hold.

HOLD

Doesn't own, but has no problems with this name in a portfolio.

BUY

Can't go wrong buying this one. One of his favourites in the space, along with BMO.

BUY

Handily outperformed most of the other Big 6 for more than a decade. Boost in trading multiple well deserved. No quarrels investing with a 2-year timeframe. Yield's between 3-4%. 

HOLD

As a group, he'd be more cautious. But this one has done a good job over the years and that will probably continue. Somewhat isolated from some of the concerns surrounding the new US administration. Not the cheapest, but will have a higher ROE than peers. You can hold or even accumulate.

BUY

If you're in a bull market, you want to own the strongest stocks you can find. He prefers "good, getting better", some kind of positive change that could add to the valuation, and where other people agree with him. He owns RY, CM, and NA; firing on all cylinders.

BUY

Loves the Canadian banks long term. His favourites are NA and RY right now.

HOLD

A leader in the sector over the last year.

PAST TOP PICK
(A Top Pick Jul 19/23, Up 37.63%)

Don't fight the trend. Has been the leader, continues to work. The winners continue to win, so the valuation doesn't really bother him.

HOLD

A leader in the group, stick with it.

Showing 1 to 15 of 650 entries

National Bank of Canada(NA-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 13

Neutral - Hold Signals / Votes : 13

Bearish - Sell Signals / Votes : 7

Total Signals / Votes : 33

Stockchase rating for National Bank of Canada is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

National Bank of Canada(NA-T) Frequently Asked Questions

What is National Bank of Canada stock symbol?

National Bank of Canada is a Canadian stock, trading under the symbol NA-T on the Toronto Stock Exchange (NA-CT). It is usually referred to as TSX:NA or NA-T

Is National Bank of Canada a buy or a sell?

In the last year, 33 stock analysts published opinions about NA-T. 13 analysts recommended to BUY the stock. 7 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for National Bank of Canada.

Is National Bank of Canada a good investment or a top pick?

National Bank of Canada was recommended as a Top Pick by on . Read the latest stock experts ratings for National Bank of Canada.

Why is National Bank of Canada stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is National Bank of Canada worth watching?

33 stock analysts on Stockchase covered National Bank of Canada In the last year. It is a trending stock that is worth watching.

What is National Bank of Canada stock price?

On 2025-03-13, National Bank of Canada (NA-T) stock closed at a price of $116.37.