National Bank of Canada (OTCMKTS:NTIOF – Get Free Report)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $154.86 and last traded at $154.7520, with a volume of 3445 shares. The stock had previously closed at $152.1525.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on NTIOF shares. Raymond James Financial reiterated a “market perform” rating on shares of National Bank of Canada in a research report on Tuesday, May 12th. Zacks Research lowered shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of National Bank of Canada in a research report on Thursday, May 28th. Desjardins reiterated a “buy” rating on shares of National Bank of Canada in a research report on Thursday, May 28th. Finally, Canadian Imperial Bank of Commerce reiterated a “neutral” rating on shares of National Bank of Canada in a research report on Thursday, May 28th. Two research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, National Bank of Canada currently has a consensus rating of “Hold”.
Check Out Our Latest Analysis on NTIOF
National Bank of Canada Price Performance
National Bank of Canada (OTCMKTS:NTIOF – Get Free Report) last announced its earnings results on Wednesday, May 27th. The financial services provider reported $2.36 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.29 by $0.07. National Bank of Canada had a net margin of 14.49% and a return on equity of 16.10%. The company had revenue of $2.87 billion for the quarter, compared to analyst estimates of $2.81 billion. Equities research analysts anticipate that National Bank of Canada will post 9.21 earnings per share for the current year.
About National Bank of Canada
National Bank of Canada (OTCMKTS: NTIOF) is a full‑service Canadian financial institution headquartered in Montreal, Quebec. The bank offers a broad range of products and services for personal, commercial and institutional clients, including deposit accounts, mortgages and consumer lending, small‑ and medium‑sized business banking, corporate lending, and cash management solutions.
In addition to traditional banking, National Bank provides wealth management and brokerage services through its private banking and advisory channels, and operates an investment banking and capital markets platform that delivers underwriting, advisory, trading and research services.
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