National Australia Bank Ltd. (OTCMKTS:NABZY) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note issued on Friday. The firm currently has a $14.00 target price on the financial services provider’s stock. Zacks Investment Research‘s target price would indicate a potential upside of 16.47% from the company’s previous close.

According to Zacks, “National Australia Bank is an international financial services group providing a comprehensive and integrated range of financial services. “

Shares of National Australia Bank (OTCMKTS:NABZY) traded down 1.72% on Friday, reaching $12.02. The company had a trading volume of 17,384 shares. The firm has a market capitalization of $64.07 billion, a PE ratio of 18.68 and a beta of 1.12. The firm’s 50 day moving average is $11.33 and its 200 day moving average is $11.86. National Australia Bank has a 12 month low of $9.61 and a 12 month high of $12.95.

ILLEGAL ACTIVITY NOTICE: “National Australia Bank Ltd. (NABZY) Raised to “Buy” at Zacks Investment Research” was reported by Daily Political and is the sole property of of Daily Political. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this piece can be viewed at https://www.dailypolitical.com/2017/07/21/national-australia-bank-ltd-nabzy-raised-to-buy-at-zacks-investment-research.html.

National Australia Bank Company Profile

National Australia Bank Limited is a business bank engaged in providing personal banking and business banking services. The Company’s segments include Business & Private Banking, Corporate & Institutional Banking (CIB), Consumer Banking & Wealth Management, Customer Products & Services and NZ Banking.

Get a free copy of the Zacks research report on National Australia Bank (NABZY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for National Australia Bank Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Australia Bank Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.