National Australia Bank (OTCMKTS:NABZY) was upgraded by research analysts at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a research note issued on Thursday, The Fly reports. Jefferies Financial Group also issued estimates for National Australia Bank’s FY2021 earnings at $0.75 EPS.
NABZY has been the topic of a number of other research reports. Zacks Investment Research lowered shares of National Australia Bank from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine upgraded shares of National Australia Bank from a “sell” rating to a “hold” rating in a research note on Monday, November 25th. Two equities research analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $9.75.
Shares of National Australia Bank stock opened at $9.21 on Thursday. The firm’s 50-day simple moving average is $8.62 and its 200-day simple moving average is $9.23. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.23 and a current ratio of 1.23. National Australia Bank has a 1 year low of $8.13 and a 1 year high of $10.38.
National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, Asia, the United States, and the United Kingdom. It operates through Consumer Banking and Wealth, Business and Private Banking, Corporate and Institutional Banking, and New Zealand Banking segments.
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