National Australia Bank (OTCMKTS:NABZY) Shares Gap Up – What’s Next?

National Australia Bank Ltd. (OTCMKTS:NABZYGet Free Report) gapped up prior to trading on Friday . The stock had previously closed at $13.49, but opened at $14.19. National Australia Bank shares last traded at $13.5650, with a volume of 1,299 shares.

Analysts Set New Price Targets

NABZY has been the subject of a number of recent analyst reports. The Goldman Sachs Group raised National Australia Bank from a “strong sell” rating to a “hold” rating in a research report on Thursday, September 10th. National Bank Financial raised National Australia Bank from a “neutral” rating to a “buy” rating in a research note on Wednesday. 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.com, National Australia Bank has a consensus rating of “Buy” and a consensus target price of $42.50.

Check Out Our Latest Research Report on NABZY

National Australia Bank Stock Performance

The firm’s 50-day moving average is $14.05 and its 200-day moving average is $14.25.

National Australia Bank Company Profile

(Get Free Report)

National Australia Bank Limited (NAB) is a major financial services company headquartered in Melbourne, Australia. Through its banking operations, NAB provides services to individuals, businesses, institutional clients and government-related organizations.

The company offers personal and business transaction accounts, savings products, residential and commercial lending, credit cards, payments, foreign exchange, treasury services and investment-related products. It also provides private banking, corporate and institutional banking, risk management and financial advisory services.

See Also

Receive News & Ratings for National Australia Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Australia Bank and related companies with MarketBeat.com's FREE daily email newsletter.