{
}
National Bank of Canada saw its target price cut by UBS Group from C$145.00 to C$140.00, indicating an 18.04% potential upside. Analysts have mixed ratings, with one sell, nine holds, and three buys, while the stock recently traded down 1.2% to C$118.60. Insider activity included a sale of 600 shares by Marie-Chantal Gingras and a purchase of 334 shares by Director Yvon Charest.
National Bank of Canada (TSE:NA) saw its price target lowered by UBS Group from C$150.00 to C$145.00, indicating a potential upside of 14.62%. The stock currently holds a "Hold" rating, with an average target price of C$139.40, while various analysts have issued mixed ratings. Recently, insider transactions included a purchase of 285 shares by Director Yvon Charest and a sale of 600 shares by insider Marie-Chantal Gingras.
National Bank of Canada FI increased its stake in Polaris by 19.9% in Q3, owning 1,101 shares valued at $92,000. Analysts have lowered price targets for Polaris, with UBS Group setting a new target of $48.00, while the stock currently holds a "Hold" rating among analysts. Polaris shares recently traded at $43.71, down 8.4%, with institutional investors holding 88.06% of the stock.
National Bank of Canada FI and Toronto Dominion Bank have increased their stakes in Nutrien, with the former owning 4.2 million shares valued at $203.4 million and the latter holding 4.2 million shares worth $202.8 million. Institutional investors now control 63.10% of Nutrien's stock. Nutrien's price target has been raised to $53.00 by UBS Group, while analysts maintain a "Moderate Buy" rating, with a consensus price target of $58.94.
Raiffeisen economist Gunter Deuber cautioned that a proposed bank levy could further restrict already limited lending, despite the current strong capitalization of Austrian banks. In contrast, National Bank Governor Robert Holzmann supports the levy as a "sensible choice" for budget restructuring, while the Chamber of Labor and Momentum Institute advocate for banks to contribute to budget consolidation due to their recent high profits.
AppLovin insiders sold 888,867 shares valued at $284.77 million in the last ninety days, with company ownership at 14.69%. Institutional investors hold 41.85% of the stock, and analysts have raised price targets, with UBS Group setting it at $440.00. The company reported a 38.6% revenue increase year-over-year, achieving $1.20 billion in the last quarter.
Canada’s six largest banks are set to increase variable compensation for employees in 2024, with an average bonus pool rise of 12.2% compared to the previous year. Notably, Royal Bank of Canada, Canadian Imperial Bank of Commerce, and National Bank of Canada are leading the increases, despite a challenging environment for dealmaking and capital markets.
The National Bank of Canada reported a strong fourth-quarter earnings growth, driven by a 17% increase in its wealth management division's adjusted net income, reaching C$219 million. This performance aligns with the broader banking sector's trend, as lower interest rates stimulate loan growth and enhance profitability. Looking ahead, the bank aims to expand its wealth management services to capitalize on the favorable economic environment.
Croesus has appointed Vincent Lévesque as Vice President and Chief Product Officer, tasked with managing the company's product strategy and overseeing innovation projects. With a background in product design at the National Bank of Canada and experience at FLO, Lévesque aims to enhance Croesus' offerings to meet market demands and support growth in North America and Europe. His appointment is expected to accelerate the company's growth strategy and improve its competitive edge.
National Bank of Canada FI significantly increased its stake in KeyCorp by over 1,000%, now holding 2.57 million shares valued at $38.75 million. Point72 Asset Management also entered a new position worth approximately $33.27 million. Currently, 79.69% of KeyCorp's stock is owned by hedge funds and institutional investors. KeyCorp, which operates as the holding company for KeyBank National Association, provides a range of banking products and services across the U.S. Analysts have given the stock a "Moderate Buy" rating, with a consensus price target of $17.79.
National Bank of Canada
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
national bank of canada target price lowered by analysts amid mixed ratings
20:15 01.03.2025
analysts lower price target for national bank of canada stock
20:06 15.02.2025
national bank increases stake in polaris as analysts lower price targets
KeyCorp
Truist Financial Corp
National Bank of Canada
UBS Group AG
Morgan Stanley
Robert W. Baird & Co. Inc.
USA
Show more
19:07 03.02.2025
nutrien price target raised to 53 dollars by ubs group analysts
The Mosaic Co
The Toronto-Dominion Bank
UBS Group AG
Silchester International Investors LLP
Oppenheimer Holdings Inc.
National Bank of Canada
Healthcare of Ontario Pension Plan Trust Fund
Arga Investment Management LP
Nutrien Ltd.
Raymond James Financial, Inc.
Barclays PLC
CAN
Show more
15:36 28.01.2025
debate over bank levy intensifies amid economic concerns and differing opinions
Euro
National Bank of Canada
Raiffeisen-Osteuropa-Rent
AUT
Robert Holzmann
Renate Anderl
Oliver Picek
Gunter Deuber
Show more
11:44 28.01.2025
appLovin insider sales and institutional investments reflect market dynamics
Macquarie Group Limited
JPMorgan Chase & Co.
UBS Group AG
Wells Fargo & Company
AppLovin Corp.
Fifth Third Bancorp
National Bank of Canada
Piper Sandler Cos
Benchmark Electronics, Inc.
USA
Jansen Katie Kihorany
Victoria Valenzuela
Show more
10:21 23.01.2025
Canada's Major Banks Boost Bonus Pools by 12 Percent for 2024
Canadian Dollar
Canadian Imperial Bank of Commerce
Royal Bank of Canada
National Bank of Canada
CAN
Show more
20:59 05.12.2024
National Bank of Canada reports strong earnings growth driven by asset management
15:47 04.12.2024
croesus appoints vincent lévesque as vice president chief product officer
12:56 27.11.2024
keycorp sees significant institutional investment and analyst price target increases
UBS Group AG
Ceredex Value Advisors LLC
National Bank of Canada
Wedbush Bank BANK
Point72 Asset Management L.P.
KEEFE, BRUYETTE and WOODS Inc.
Assenagon Asset Management S.A.
Westfield Capital Management Co. LP
Morgan Stanley
DA Davidson
Barclays PLC
USA
Carlton L. Highsmith
Show more
17:46 23.10.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Banking Regulations
Global Financial Events
Market Analysis and Predictions
Financial Scams and Security
Hedge Funds & Private Equity
Retail and Consumer Goods
Government Policies
CEO Changes
Startups & Entrepreneurship
Domestic Politics
Industry Mergers & Acquisitions
Workplace Trends
Government Economic Policies
Consumer Protection Regulations
Supply Chain Management
Economic Sanctions
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
Wells Fargo & Company
The Goldman Sachs Group, Inc.
Bank of America Corporation
Morgan Stanley
Citigroup Inc.
Apple Inc.
U.S. Bancorp
American Express Company
AMERICAN EXPRESS
SpaceXCoin USD
UBS Group AG
Barclays PLC
The Charles Schwab Corporation
lululemon athletica inc.
Capital One Financial Corporation
Citi Trends, Inc.
Credit Suisse Strategic Income I
Northern Trust Corporation
Currencies:
United States Dollar
Euro
Swiss Franc
Chinese Yuan
Indian Rupee
British Pound Sterling
United Arab Emirates Dirham
Canadian Dollar
Saudi Riyal
Australian Dollar
Japanese Yen
Chilean Peso
Russian Ruble
Singapore Dollar
Indonesian Rupiah
Ghanaian Cedi
Mexican Peso
People:
Elon Musk
Donald Trump
Michael J. Angelakis
Charlie Javice
Anand Selvakesari
Robin Leopold
Troy L Rohrbaugh
Jennifer Piepszak
Raja Akram
Mark Mason
Sergio Ermotti
Karin Keller-Sutter
Pam Bondi
Kevin R Johnson
Ravikumar Radhakrishnan
David M. Solomon
John Waldron
Olivier Amar
James L Chosy
Thomas A. South