National Bank of Canada Price Target Raised to $182 at TD
BY MT Newswires | ECONOMIC | 02/26/26 08:15 AM EST08:15 AM EST, 02/26/2026 (MT Newswires) -- TD Securities raised its price target on National Bank of Canada
Analyst Mario Mendonca maintained a Hold rating on shares of the Canadian bank following its quarterly results on Wednesday.
"NA beat our estimate on strong trading revenue & lower PCLs," Mendonca said in a note to clients.
"Through CWB revenue, expense & capital synergies, and buybacks, we are increasingly confident in NA achieving 17%+ ROE in '27," the analyst said.
"Credit improved slightly as GIL formations & PCLs at ABA declined q/q, however the balance of GILs continued to rise and Credigy formations more than doubled."
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