National Australia Bank Ltd. (OTCMKTS:NABZY – Get Free Report) shares gapped down prior to trading on Tuesday. The stock had previously closed at $13.36, but opened at $12.9601. National Australia Bank shares last traded at $13.46, with a volume of 18,123 shares changing hands.
Wall Street Analysts Forecast Growth
NABZY has been the topic of several recent analyst reports. National Bank Financial raised National Australia Bank from a “neutral” rating to a “buy” rating in a report on Wednesday, September 16th. The Goldman Sachs Group upgraded shares of National Australia Bank from a “strong sell” rating to a “hold” rating in a research report 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 given a Hold rating to the stock. Based on data from MarketBeat.com, National Australia Bank presently has a consensus rating of “Buy” and a consensus target price of $42.50.
Read Our Latest Stock Analysis on NABZY
National Australia Bank Trading Up 0.8%
About National Australia Bank
National Australia Bank Limited (NAB) is one of Australia’s major banking institutions. Headquartered in Melbourne, the company provides banking and financial services to individuals, small and medium-sized businesses, corporate customers and institutional clients.
NAB’s personal banking products and services include transaction and savings accounts, home loans, personal lending, credit cards, insurance and digital banking. Through its business and corporate banking operations, the company provides business accounts, lending, cash management, payments, trade finance, risk management and other financial solutions.
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