National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) has been given an average rating of "Hold" by the six analysts that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a strong buy rating to the company.
Several equities research analysts have commented on NTIOF shares. Cibc World Mkts lowered shares of National Bank of Canada from a "hold" rating to a "strong sell" rating in a research note on Friday, April 4th. Scotiabank upgraded shares of National Bank of Canada to a "strong-buy" rating in a research report on Thursday, May 15th. Cormark lowered shares of National Bank of Canada from a "moderate buy" rating to a "hold" rating in a research note on Friday, February 21st. National Bankshares lowered shares of National Bank of Canada from a "speculative buy" rating to an "underperform" rating in a research note on Friday, April 4th. Finally, CIBC reaffirmed a "neutral" rating on shares of National Bank of Canada in a research note on Wednesday, March 5th.
Check Out Our Latest Analysis on National Bank of Canada
National Bank of Canada Stock Performance
Shares of OTCMKTS NTIOF traded down $3.89 during trading on Friday, reaching $92.11. The stock had a trading volume of 58,851 shares, compared to its average volume of 81,068. The stock has a market cap of $36.04 billion, a PE ratio of 11.73 and a beta of 1.00. National Bank of Canada has a one year low of $74.21 and a one year high of $100.08. The firm's 50 day moving average price is $84.56 and its two-hundred day moving average price is $88.92. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76.
National Bank of Canada Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, May 1st. Investors of record on Tuesday, April 1st were issued a $0.7975 dividend. The ex-dividend date was Monday, March 31st. This represents a yield of 3.86%. National Bank of Canada's dividend payout ratio is currently 40.05%.
About National Bank of Canada
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Get Free ReportNational Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.
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