National Bank of Canada (OTCMKTS:NTIOF) Downgraded by ValuEngine to “Strong Sell”
Separately, Zacks Investment Research raised National Bank of Canada from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Thursday, September 19th. Two research analysts have rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company’s stock. National Bank of Canada currently has an average rating of “Hold” and a consensus price target of $59.00.
Shares of OTCMKTS NTIOF traded up $0.76 during mid-day trading on Tuesday, reaching $50.76. 3,751 shares of the company’s stock were exchanged, compared to its average volume of 8,636. The firm has a market capitalization of $16.97 billion, a price-to-earnings ratio of 10.89 and a beta of 1.27. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.06. The business has a fifty day simple moving average of $48.53 and a 200 day simple moving average of $47.39. National Bank of Canada has a twelve month low of $39.85 and a twelve month high of $51.00.
About National Bank of Canada
National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International segments.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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