National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) was upgraded by stock analysts at Scotiabank to a "strong-buy" rating in a note issued to investors on Thursday,Zacks.com reports.
A number of other equities research analysts have also weighed in on the company. Cibc World Mkts lowered National Bank of Canada from a "hold" rating to a "strong sell" rating in a research note on Friday, April 4th. National Bankshares lowered National Bank of Canada from a "speculative buy" rating to an "underperform" rating in a research note on Friday, April 4th. Cormark lowered National Bank of Canada from a "moderate buy" rating to a "hold" rating in a research note on Friday, February 21st. Finally, CIBC restated a "neutral" rating on shares of National Bank of Canada in a research note on Wednesday, March 5th. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat, National Bank of Canada presently has a consensus rating of "Hold".
View Our Latest Analysis on National Bank of Canada
National Bank of Canada Stock Down 4.1%
NTIOF traded down $3.89 on Thursday, hitting $92.11. The company had a trading volume of 58,851 shares, compared to its average volume of 81,068. The stock has a fifty day moving average price of $84.56 and a 200-day moving average price of $88.92. National Bank of Canada has a 12-month low of $74.21 and a 12-month high of $100.08. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.76 and a current ratio of 0.76. The stock has a market capitalization of $36.04 billion, a price-to-earnings ratio of 11.73 and a beta of 1.00.
About National Bank of Canada
(
Get Free Report)
National 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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