National Bank of Canada (OTCMKTS:NTIOF) has been assigned an average recommendation of “Hold” from the eleven ratings firms that are covering the stock. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $49.78.

NTIOF has been the subject of several research analyst reports. Barclays PLC reiterated an “equal weight” rating and issued a $45.00 price target (up previously from $41.00) on shares of National Bank of Canada in a report on Sunday, August 21st. Scotiabank reissued an “outperform” rating and issued a $51.00 price objective (up previously from $50.00) on shares of National Bank of Canada in a research report on Thursday, September 22nd. TD Securities reissued a “hold” rating and issued a $47.00 price objective on shares of National Bank of Canada in a research report on Monday, September 19th. Desjardins reissued a “hold” rating and issued a $45.00 price objective (up previously from $44.00) on shares of National Bank of Canada in a research report on Thursday, August 4th. Finally, RBC Capital Markets reissued an “outperform” rating and issued a $57.00 price objective (up previously from $53.00) on shares of National Bank of Canada in a research report on Saturday, September 3rd.

National Bank of Canada (OTCMKTS:NTIOF) opened at 35.19 on Thursday. The firm has a market capitalization of $11.89 billion, a price-to-earnings ratio of 13.63 and a beta of 1.28. The company has a 50-day moving average of $35.16 and a 200-day moving average of $34.75. National Bank of Canada has a 1-year low of $24.28 and a 1-year high of $37.00.

About National Bank of Canada

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