National Bank of Canada (OTCMKTS:NTIOF) has been assigned a consensus rating of “Hold” from the eight research firms that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $63.67.
NTIOF has been the topic of several recent analyst reports. Zacks Investment Research raised shares of National Bank of Canada from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a report on Thursday, September 19th. CIBC reissued a “hold” rating and set a $73.00 price objective on shares of National Bank of Canada in a report on Thursday, November 21st. Finally, ValuEngine lowered shares of National Bank of Canada from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 15th.
Shares of NTIOF stock traded down $0.32 during mid-day trading on Tuesday, reaching $53.16. 3,829 shares of the company were exchanged, compared to its average volume of 9,047. National Bank of Canada has a fifty-two week low of $39.85 and a fifty-two week high of $53.48. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.78 and a current ratio of 0.78. The company has a market capitalization of $17.76 billion, a P/E ratio of 11.41 and a beta of 1.28. The business’s 50 day simple moving average is $52.27 and its 200 day simple moving average is $48.72.
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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