Zacks Investment Research cut shares of National Australia Bank Ltd. (OTCMKTS:NABZY) from a strong-buy rating to a hold rating in a report published on Wednesday morning.

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) opened at 12.45 on Wednesday. National Australia Bank has a one year low of $10.02 and a one year high of $12.95. The firm has a market cap of $66.36 billion, a P/E ratio of 18.44 and a beta of 1.13. The firm has a 50-day moving average price of $12.15 and a 200 day moving average price of $11.96.

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About National Australia Bank

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.

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