ValuEngine upgraded shares of National Bank of Canada (OTCMKTS:NTIOF) from a buy rating to a strong-buy rating in a research note published on Wednesday morning.

Other analysts have also issued research reports about the company. Zacks Investment Research upgraded National Bank of Canada from a hold rating to a buy rating and set a $58.00 price objective for the company in a report on Friday, January 19th. Barclays lowered National Bank of Canada from an overweight rating to an equal weight rating in a report on Tuesday, December 19th.

Shares of National Bank of Canada (OTCMKTS:NTIOF) opened at $49.30 on Wednesday. National Bank of Canada has a twelve month low of $37.82 and a twelve month high of $53.84. The company has a market capitalization of $16,700.00, a price-to-earnings ratio of 11.31 and a beta of 1.34.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 1st. Stockholders of record on Monday, March 26th will be issued a dividend of $0.487 per share. This represents a $1.95 annualized dividend and a dividend yield of 3.95%. The ex-dividend date is Friday, March 23rd. This is a positive change from National Bank of Canada’s previous quarterly dividend of $0.46.

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About National Bank of Canada

National Bank of Canada (the Bank) is an integrated group, which provides financial services to consumers, small- and medium-sized enterprises (SMEs) and large corporations in its domestic market and also offers specialized services internationally. The Bank’s segments are Personal and Commercial, which includes the banking, financing and investing services offered to individuals and businesses, as well as insurance operations; Wealth Management, which consists of investment solutions, trust services, banking services, lending services and other wealth management solutions offered through internal and third-party distribution networks; Financial Markets, which includes banking services, investment banking services and financial solutions for institutional clients, and Other, which includes treasury operations, including the Bank’s asset and liability management, liquidity management and funding operations; certain non-recurring items, and the unallocated portion of corporate units.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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