National Bankshares Stock Recommendations and Price Targets

National Bankshares, Inc. is a community bank holding company. It offers financial products and services, including deposit accounts, commercial, consumer and mortgage loans, credit cards and trust services throughout Southwest Virginia. National Bankshares was founded in 1986 and is headquartered in Blacksburg, VA.

This is a list of recent ratings by National Bankshares.

Date	Company Name	Action	Current Price	Price Target	Rating	Impact on Share Price
10/15/2021	TCN Tricon Residential	Initiated Coverage	C$17.00	C$18.00	Buy	N/A
10/15/2021	AC Air Canada	Lower Price Target	C$23.00	C$30.00 ➝ C$28.00	Sector Perform	N/A
10/14/2021	TH Theratechnologies	Reiterated Rating	C$4.00	C$3.75	Hold	N/A
10/14/2021	LUG Lundin Gold	Boost Price Target	C$11.00	C$13.25 ➝ C$13.50	Sector Perform	N/A
10/14/2021	ABX Barrick Gold	Downgrade	C$24.00	C$36.00 ➝ C$29.00	Outperform ➝ Hold	N/A
10/14/2021	CGJTF Cargojet	Downgrade	$157.00	$205.00	Hold	Low
10/14/2021	CJT Cargojet	Downgrade	C$194.00	C$228.00 ➝ C$205.00	Outperform ➝ Hold	N/A
10/13/2021	ELD Eldorado Gold	Boost Price Target	C$12.00	C$17.50 ➝ C$18.00		N/A
10/12/2021	MLLGF Mullen Group	Boost Price Target	C$11.00	C$15.50 ➝ C$16.50	Outperform	N/A
10/12/2021	MTL Mullen Group	Boost Price Target	C$14.00	C$15.50 ➝ C$16.50	Outperform	N/A
10/11/2021	MTY MTY Food Group	Boost Price Target	C$64.00	C$72.00 ➝ C$75.00	Outperform	N/A
10/8/2021	TORXF Torex Gold Resources	Reiterated Rating	$12.00	$24.00	Hold	Low
10/8/2021	TXG Torex Gold Resources	Reiterated Rating	C$14.00	C$24.00	Hold	N/A
10/8/2021	RHUHF Richelieu Hardware	Boost Price Target	C$35.00	C$44.50 ➝ C$48.00	Sector Perform	Low
10/8/2021	RCH Richelieu Hardware	Boost Price Target	C$43.00	C$44.50 ➝ C$48.00	Sector Perform	N/A
10/7/2021	GIL Gildan Activewear	Boost Price Target	C$45.00	C$56.00 ➝ C$57.00	Outperform	N/A
10/6/2021	BBD.B Bombardier, Inc. Class B	Boost Price Target	C$2.00	C$1.90 ➝ C$2.50	Outperform	N/A
10/6/2021	WCP Whitecap Resources	Boost Price Target	C$8.00	C$11.00 ➝ C$12.00	Outperform	N/A
10/5/2021	SGY Surge Energy	Boost Price Target	C$5.00		Sector Perform	N/A
10/5/2021	SLF Sun Life Financial	Boost Price Target	C$69.00	C$71.00 ➝ C$73.00	Outperform	N/A
10/4/2021	ARR Altius Renewable Royalties	Upgrade	C$10.00	C$12.00 ➝ C$12.50	Sector Perform ➝ Outperform	N/A
10/1/2021	TD The Toronto-Dominion Bank	Upgrade	$70.00	$93.00	Buy	Low
10/1/2021	TD The Toronto-Dominion Bank	Upgrade	C$87.00	C$89.00 ➝ C$93.00	Sector Perform ➝ Buy	N/A
9/30/2021	KL Kirkland Lake Gold	Downgrade	$46.00	$50.00	Hold	Low
9/30/2021	KL Kirkland Lake Gold	Downgrade	C$57.00	C$58.00 ➝ C$50.00	Sector Perform ➝ Hold	N/A
9/28/2021	IVQ.U Invesque	Lower Price Target	C$2.00	C$2.75 ➝ C$2.00	Sector Perform	N/A
9/28/2021	PRMRF Paramount Resources	Upgrade	$16.00	$28.00	Buy	Low
9/28/2021	POU Paramount Resources	Upgrade	C$20.00	C$19.00 ➝ C$28.00	Sector Perform ➝ Buy	N/A
9/23/2021	FRU Freehold Royalties	Set Price Target	C$12.00	C$13.00	Outperform	N/A
9/23/2021	SMU.UN Summit Industrial Income REIT	Initiated Coverage	C$22.00	C$24.00	Buy	N/A
9/23/2021	TOU Tourmaline Oil	Boost Price Target	C$44.00	C$40.00 ➝ C$45.00	Outperform	N/A
9/23/2021	BIP Brookfield Infrastructure Partners	Boost Price Target	$57.00	$60.00 ➝ $64.00	Outperform	Medium
9/21/2021	NFI NFI Group	Downgrade	C$24.00	C$32.00 ➝ C$28.00	Outperform ➝ Sector Perform	N/A
9/21/2021	SAP Saputo	Lower Price Target	C$31.00	C$41.00 ➝ C$39.00	Sector Perform	N/A
9/20/2021	ITR Integra Resources	Set Price Target	C$3.00	C$6.50	Outperform	N/A
9/20/2021	GRT.UN Granite Real Estate Investment Trust	Boost Price Target	C$95.00	C$94.00 ➝ C$105.00	Outperform	N/A
9/17/2021	GRA NanoXplore	Boost Price Target	C$5.00	C$5.00 ➝ C$8.00	Outperform	N/A
9/17/2021	TXG Torex Gold Resources	Set Price Target	C$14.00	C$24.00	Sector Perform	N/A
9/17/2021	INE Innergex Renewable Energy	Boost Price Target	C$21.00	C$27.00 ➝ C$28.00	Outperform	N/A
9/17/2021	CP Canadian Pacific Railway	Lower Price Target	C$90.00	C$98.00 ➝ C$97.00	Sector Perform	N/A
9/17/2021	CNR Canadian National Railway	Boost Price Target	C$152.00	C$139.00 ➝ C$144.00	Sector Perform	N/A
9/16/2021	AYA Aya Gold & Silver	Reiterated Rating	C$10.00	C$13.25	Buy	N/A
9/14/2021	ARGTF Artemis Gold	Boost Price Target	C$4.00	C$9.50 ➝ C$9.75	Outperform	Medium
9/11/2021	ODV Osisko Development	Lower Price Target	C$6.00	C$10.25 ➝ C$9.50	Outperform	N/A
9/10/2021	TREVF Trevali Mining	Lower Price Target	C$0.00	C$0.35 ➝ C$0.30	Sector Perform	Low
9/10/2021	TV Trevali Mining	Lower Price Target	C$0.00	C$0.35 ➝ C$0.30	Sector Perform	N/A
9/10/2021	SHERF Sherritt International	Lower Price Target	C$0.00	C$0.60 ➝ C$0.55	Sector Perform	Low
9/10/2021	S Sherritt International	Lower Price Target	C$0.00	C$0.60 ➝ C$0.55	Sector Perform	N/A
9/10/2021	MAI Minera Alamos	Lower Price Target	C$1.00	C$1.15 ➝ C$1.00	Outperform	N/A
9/10/2021	ADVZF Adventus Mining	Lower Price Target	C$1.00	C$1.70 ➝ C$1.65	Outperform	Low
9/10/2021	JOSMF Josemaria Resources	Boost Price Target	C$1.00	C$1.35 ➝ C$1.50	Sector Perform	Low
9/10/2021	ADZN Adventus Mining	Lower Price Target	C$1.00	C$1.70 ➝ C$1.65	Outperform	N/A
9/10/2021	LGD Liberty Gold	Lower Price Target	C$1.00	C$1.90 ➝ C$1.80	Outperform	N/A
9/10/2021	NGD New Gold	Lower Price Target	C$2.00	C$2.50 ➝ C$2.00	Sector Perform	N/A
9/10/2021	GSV Gold Standard Ventures	Lower Price Target	C$2.00	C$1.50 ➝ C$1.30		N/A
9/10/2021	OGC OceanaGold	Lower Price Target	C$2.00	C$3.25 ➝ C$3.00	Outperform	N/A
9/10/2021	CPPMF Copper Mountain Mining	Lower Price Target	C$3.00	C$5.25 ➝ C$5.00	Outperform	Low
9/10/2021	TMQ Trilogy Metals	Lower Price Target	C$3.00	C$4.75 ➝ C$4.25	Outperform	N/A
9/10/2021	IMG IAMGOLD	Lower Price Target	C$3.00	C$4.00 ➝ C$3.75	Outperform	N/A
9/10/2021	GSC Golden Star Resources	Lower Price Target	C$3.00	C$5.50 ➝ C$5.00	Outperform	N/A
9/10/2021	CMMC Copper Mountain Mining	Lower Price Target	C$4.00	C$5.25 ➝ C$5.00	Outperform	N/A
9/10/2021	MOZ Marathon Gold	Boost Price Target	C$3.00	C$4.25 ➝ C$4.50	Outperform	N/A
9/10/2021	BTG B2Gold	Lower Price Target	C$4.00	C$9.00 ➝ C$8.00	Outperform	N/A
9/10/2021	BTO B2Gold	Lower Price Target	C$5.00	C$9.00 ➝ C$8.00	Outperform	N/A
9/10/2021	YRI Yamana Gold	Lower Price Target	C$5.00	C$7.75 ➝ C$7.25	Outperform	N/A
9/10/2021	FVI Fortuna Silver Mines	Lower Price Target	C$6.00	C$7.75 ➝ C$7.00	Sector Perform	N/A
9/10/2021	MMX Maverix Metals	Lower Price Target	C$6.00	C$8.00 ➝ C$7.25	Sector Perform	N/A
9/10/2021	DPM Dundee Precious Metals	Lower Price Target	C$8.00	C$12.50 ➝ C$11.50	Outperform	N/A
9/10/2021	LUNMF Lundin Mining	Lower Price Target	C$9.00	C$15.50 ➝ C$14.00	Sector Perform	Low
9/10/2021	EQX Equinox Gold	Lower Price Target	C$8.00	C$15.00 ➝ C$14.00	Outperform	N/A
9/10/2021	KNT K92 Mining Inc. (KNT.V)	Lower Price Target	C$8.00	C$12.25 ➝ C$11.75	Outperform	N/A
9/10/2021	SSL Sandstorm Gold	Lower Price Target	C$8.00	C$12.75 ➝ C$11.50	Outperform	N/A
9/10/2021	HBM Hudbay Minerals	Upgrade	C$9.00	C$14.00 ➝ C$12.50	Sector Perform ➝ Outperform	N/A
9/10/2021	SIL SilverCrest Metals	Lower Price Target	C$9.00	C$15.00 ➝ C$14.25	Outperform	N/A
9/10/2021	CG Centerra Gold	Boost Price Target	C$10.00	C$11.50 ➝ C$12.00	Outperform	N/A
9/10/2021	AGI Alamos Gold	Lower Price Target	C$10.00	C$13.50 ➝ C$13.25	Outperform	N/A
9/10/2021	LUN Lundin Mining	Lower Price Target	C$11.00	C$15.50 ➝ C$14.00	Sector Perform	N/A
9/10/2021	ELD Eldorado Gold	Lower Price Target	C$12.00	C$18.50 ➝ C$17.50	Outperform	N/A
9/10/2021	LUG Lundin Gold	Lower Price Target	C$11.00	C$13.75 ➝ C$13.25	Sector Perform	N/A
9/10/2021	PVG Pretium Resources	Boost Price Target	C$14.00	C$16.00 ➝ C$16.50	Outperform	N/A
9/10/2021	FR First Majestic Silver	Lower Price Target	C$15.00	C$21.00 ➝ C$18.00	Sector Perform	N/A
9/10/2021	FQVLF First Quantum Minerals	Lower Price Target	C$24.00	C$37.50 ➝ C$36.50	Outperform	Low
9/10/2021	GOLD Barrick Gold	Lower Price Target	C$19.00	C$37.00 ➝ C$36.00	Outperform	Low
9/10/2021	SSRM SSR Mining	Lower Price Target	C$20.00	C$35.00 ➝ C$32.00	Outperform	N/A
9/10/2021	MAG MAG Silver	Boost Price Target	C$22.00	C$31.00 ➝ C$32.00	Outperform	N/A
9/10/2021	ABX Barrick Gold	Lower Price Target	C$24.00	C$37.00 ➝ C$36.00	Outperform	N/A
9/10/2021	FM First Quantum Minerals	Lower Price Target	C$30.00	C$37.50 ➝ C$36.50	Outperform	N/A
9/10/2021	TECK Teck Resources	Boost Price Target	C$29.00	C$37.50 ➝ C$43.00	Outperform	Low
9/10/2021	T TELUS	Boost Price Target	C$28.00	C$30.00 ➝ C$33.00	Outperform	N/A
9/10/2021	EDV Endeavour Mining	Lower Price Target	C$32.00	C$55.00 ➝ C$49.00	Outperform	N/A
9/10/2021	PAAS Pan American Silver	Lower Price Target	C$31.00	C$53.00 ➝ C$50.00	Outperform	N/A
9/10/2021	TECK.B Teck Resources	Boost Price Target	C$36.00	C$37.50 ➝ C$43.00	Outperform	N/A
9/10/2021	EMP.A Empire	Lower Price Target	C$38.00	C$46.00 ➝ C$45.00	Outperform	N/A
9/10/2021	KL Kirkland Lake Gold	Lower Price Target	C$57.00	C$59.00 ➝ C$58.00	Sector Perform	N/A
9/10/2021	DOL Dollarama	Lower Price Target	C$57.00	C$65.00 ➝ C$63.00	Outperform	N/A
9/10/2021	AEM Agnico Eagle Mines	Downgrade	$57.00	$97.00	Hold	High
9/10/2021	WPM Wheaton Precious Metals	Lower Price Target	C$51.00	C$75.00 ➝ C$72.00	Outperform	N/A
9/10/2021	TCS Tecsys	Boost Price Target	C$58.00	C$55.00 ➝ C$65.00	Outperform	N/A
9/10/2021	BCE BCE	Boost Price Target	C$64.00	C$66.00 ➝ C$70.00	Outperform	N/A
9/10/2021	AEM Agnico Eagle Mines	Downgrade	C$71.00	C$97.00 ➝ C$90.00	Outperform ➝ Sector Perform	N/A