National Bank of Canada (NTIOF) Receives Hold Rating from TD Securities
Several other analysts have also issued reports on the stock. Canaccord Genuity restated a buy rating on shares of National Bank of Canada in a report on Thursday, June 9th. Barclays PLC restated an equal weight rating and issued a $45.00 price objective (up from $41.00) on shares of National Bank of Canada in a report on Sunday, August 21st. Scotiabank restated an outperform rating and issued a $50.00 price objective on shares of National Bank of Canada in a report on Sunday, September 4th. Desjardins restated a hold rating and issued a $45.00 price objective (up from $44.00) on shares of National Bank of Canada in a report on Thursday, August 4th. Finally, Royal Bank Of Canada upgraded shares of National Bank of Canada from a sector perform rating to an outperform rating and boosted their price objective for the company from $51.00 to $53.00 in a report on Friday, June 3rd. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of Hold and a consensus target price of $48.20.
Shares of National Bank of Canada (OTCMKTS:NTIOF) opened at 36.3066 on Monday. National Bank of Canada has a 12-month low of $24.28 and a 12-month high of $37.00. The stock has a 50 day moving average of $35.58 and a 200-day moving average of $34.13. The company has a market capitalization of $12.26 billion, a PE ratio of 13.5776 and a beta of 1.18.
About National Bank of Canada
National Bank of Canada (the Bank) is an integrated provider of financial services to retail, commercial, corporate and institutional clients. The Bank offers a range of services that include banking and investment solutions, securities brokerage, insurance and wealth management. The Bank operates in three business segments: Personal and Commercial, Wealth Management and Financial Markets.
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