National Australia Bank (NABZY) Set to Announce Quarterly Earnings on Thursday

National Australia Bank (OTCMKTS:NABZY) is expected to post its results before the market opens on Thursday, November 5th. Analysts expect National Australia Bank to post earnings of $0.4178 per share and revenue of $7.82 billion for the quarter.

National Australia Bank Stock Down 0.6%

OTCMKTS:NABZY opened at $14.40 on Tuesday. The company has a 50 day moving average price of $13.73 and a 200-day moving average price of $14.40. National Australia Bank has a 1-year low of $12.41 and a 1-year high of $18.13.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NABZY. National Bank Financial raised shares of National Australia Bank from a “neutral” rating to a “buy” rating in a report on Wednesday, September 16th. The Goldman Sachs Group raised shares of National Australia Bank from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, National Australia Bank presently has a consensus rating of “Buy” and an average price target of $42.50.

About National Australia Bank

National Australia Bank Limited (OTCMKTS:NABZY) is a major Australian banking and financial services company headquartered in Melbourne, Australia. The bank provides services to individual, business, corporate and institutional customers through the NAB brand and related operations.

NAB’s offerings include transaction and savings accounts, home and personal loans, credit cards, business lending, cash-flow and payment solutions, foreign exchange, trade finance, corporate banking and investment services.