Shares of National Australia Bank Ltd. (OTCMKTS:NABZY – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $13.52, but opened at $14.00. National Australia Bank shares last traded at $13.64, with a volume of 2,641 shares traded.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on NABZY shares. The Goldman Sachs Group raised National Australia Bank from a “strong sell” rating to a “hold” rating in a 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, September 16th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $42.50.
Get Our Latest Research Report on NABZY
National Australia Bank Price Performance
The company has a 50-day moving average price of $13.71 and a 200-day moving average price of $13.86.
About National Australia Bank
National Australia Bank Limited (OTCMKTS:NABZY) is a major Australian banking and financial services company headquartered in Melbourne, Australia. The bank provides services to individual, business, corporate and institutional customers through the NAB brand and related operations.
NAB’s offerings include transaction and savings accounts, home and personal loans, credit cards, business lending, cash-flow and payment solutions, foreign exchange, trade finance, corporate banking and investment services.
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