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.

WARNING: “National Australia Bank Ltd. (NABZY) Cut to Hold at Zacks Investment Research” was originally reported by Daily Political and is owned by of Daily Political. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://www.dailypolitical.com/2017/09/23/national-australia-bank-ltd-nabzy-cut-to-hold-at-zacks-investment-research.html.

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.

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.