National Australia Bank Ltd. (NABZY) Raised to “Buy” at Zacks Investment Research
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.
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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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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