National Bank of Canada

NA-T

TSE:NA

74.79
0.10 (0.13%)
The National Bank of Canada is the sixth largest commercial bank in Canada. It is headquartered in Montreal, and has branches in most Canadian provinces and 2.4 million personal clients.
More at Wikipedia

Analysis and Opinions about NA-T

Signal
Opinion
Expert
HOLD
HOLD
February 5, 2020
He owns the other chartered banks. He regrets that since the shares have done really well against its peers. A large focus on technology loans, with a good dividend. He sees good things yet to come. At these valuations, he would continue to hold. (Analysts’ price target is $72.00)
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He owns the other chartered banks. He regrets that since the shares have done really well against its peers. A large focus on technology loans, with a good dividend. He sees good things yet to come. At these valuations, he would continue to hold. (Analysts’ price target is $72.00)
BUY
BUY
January 3, 2020
It's one of the best looking bank stock. It looks more like an insurance stock. A nice 50% increase from the bottom with a good dividend. There could be more upside looking at the chart pattern. Not a very volatile stock.
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It's one of the best looking bank stock. It looks more like an insurance stock. A nice 50% increase from the bottom with a good dividend. There could be more upside looking at the chart pattern. Not a very volatile stock.
HOLD
HOLD
December 18, 2019
It has been a spectacular performer. It has a very profitable niche in Quebec. They have a strong wealth management business that has helped them as well. They are the largest custodian for large institutional investors. He would hold it here.
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It has been a spectacular performer. It has a very profitable niche in Quebec. They have a strong wealth management business that has helped them as well. They are the largest custodian for large institutional investors. He would hold it here.
HOLD
HOLD
December 17, 2019
Its multiple has expanded to match its bigger peers, so he's wary, since their quality of business isn't as high as those peers. This is a relative valuation call.
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Its multiple has expanded to match its bigger peers, so he's wary, since their quality of business isn't as high as those peers. This is a relative valuation call.
TOP PICK
TOP PICK
December 3, 2019
It's his favourite bank. Always liked its cheap fundamentals, and it continues to dominate Quebec. Nice earnings. They've benefited from a vibrant real estate market in Montreal. (Analysts’ price target is $67.92)
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It's his favourite bank. Always liked its cheap fundamentals, and it continues to dominate Quebec. Nice earnings. They've benefited from a vibrant real estate market in Montreal. (Analysts’ price target is $67.92)
BUY
BUY
November 19, 2019
Its rally will continue. He would buy all the Canadian banks. Great chart with lots of volume. It's built a base, so it can move higher.
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Its rally will continue. He would buy all the Canadian banks. Great chart with lots of volume. It's built a base, so it can move higher.
TOP PICK
TOP PICK
October 18, 2019
Trading at near all time highs, it has the best chart of the Canadian banks. The breakout above $64 was followed with good earnings being reported. Yield 4.01% (Analysts’ price target is $65.64)
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Trading at near all time highs, it has the best chart of the Canadian banks. The breakout above $64 was followed with good earnings being reported. Yield 4.01% (Analysts’ price target is $65.64)
COMMENT
COMMENT
October 18, 2019
Banks are defensive in an economic downturn. The stock over the past number of years has been doing well. They have delivered better in the capital market activity and have narrowed their spread with other banks. He doesn't own any Canadian financials due to interest rates. The dividend is safe.
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Banks are defensive in an economic downturn. The stock over the past number of years has been doing well. They have delivered better in the capital market activity and have narrowed their spread with other banks. He doesn't own any Canadian financials due to interest rates. The dividend is safe.
HOLD
HOLD
September 4, 2019
It's done very well, having grown beyond Quebec in the past 10 years and closed the valuation gap with the big banks. Problem is, can it continue to grow as much in the next 10 years? It lacks international diversification. NA is a decent hold, but he'd buy other banks.
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It's done very well, having grown beyond Quebec in the past 10 years and closed the valuation gap with the big banks. Problem is, can it continue to grow as much in the next 10 years? It lacks international diversification. NA is a decent hold, but he'd buy other banks.
BUY
BUY
August 23, 2019
More of a growth story than other banks. Has hung in there better than some other banks. They have the bulk of their activity in Eastern Canada which is a driving force right now. Overall, a good dividend stock. The market has been rewarding them.
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More of a growth story than other banks. Has hung in there better than some other banks. They have the bulk of their activity in Eastern Canada which is a driving force right now. Overall, a good dividend stock. The market has been rewarding them.
COMMENT
COMMENT
July 3, 2019

NA or LB? He prefers NA-T as it is better quality and has a more diverse revenue base. He thinks LB-T is having issues and that will continue for some time to come.

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NA or LB? He prefers NA-T as it is better quality and has a more diverse revenue base. He thinks LB-T is having issues and that will continue for some time to come.

BUY
BUY
June 13, 2019
They owned three other banks that are larger and more diversified. If he ran a more broader portfolio he would have no problem owning this stock. Having said that you should temper your expectation for the next 5 years as Quebec is their bigger market and it's been the stronger economy in Canada. All banks are now cheap as there are macro concerns in the market that he doesn't share. The group has outperform the TSX in 20 of the last 25 years.
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They owned three other banks that are larger and more diversified. If he ran a more broader portfolio he would have no problem owning this stock. Having said that you should temper your expectation for the next 5 years as Quebec is their bigger market and it's been the stronger economy in Canada. All banks are now cheap as there are macro concerns in the market that he doesn't share. The group has outperform the TSX in 20 of the last 25 years.
WAIT
WAIT
May 29, 2019
Has been pulling back on the whole sector. Would rather see the dividend north of 4%. Will probably see more price compression, perhaps $5, before you want to get in.
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Has been pulling back on the whole sector. Would rather see the dividend north of 4%. Will probably see more price compression, perhaps $5, before you want to get in.
HOLD
HOLD
May 1, 2019
It has over a 4% yield. On a valuation basis, it is not that much cheaper. They have diversified into the energy sector and built their wealth management business. It would not be his first pick in the space.
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It has over a 4% yield. On a valuation basis, it is not that much cheaper. They have diversified into the energy sector and built their wealth management business. It would not be his first pick in the space.
DON'T BUY
DON'T BUY
April 24, 2019
He thinks their plan to expand in Canada only provides limited opportunities. The Canadian economy is not exactly booming. The other banks are growing outside our country. He would look elsewhere in the Canadian space.
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He thinks their plan to expand in Canada only provides limited opportunities. The Canadian economy is not exactly booming. The other banks are growing outside our country. He would look elsewhere in the Canadian space.
Showing 1 to 15 of 574 entries

National Bank of Canada(NA-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 6

Bearish - Sell Signals / Votes : 1

Total Signals / Votes : 13

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, 13 stock analysts published opinions about NA-T. 6 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is HOLD. 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 Zachary Curry on 2020-02-05. 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?

13 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 2020-02-21, National Bank of Canada (NA-T) stock closed at a price of $74.79.