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National Bank of Greece (ADR) (NYSE:NBG) was upgraded by BofA Merrill Lynch from an “underperform” rating to a “neutral” rating in a research note issued on Thursday, Analyst Ratings Network reports.

National Bank of Greece (NYSE:NBG) traded down 1.01% during mid-day trading on Thursday, hitting $3.92. The stock had a trading volume of 2,182,146 shares. National Bank of Greece has a 52 week low of $2.85 and a 52 week high of $24.70. The stock has a 50-day moving average of $4.95 and a 200-day moving average of $5.30. The company has a market cap of $9.394 billion and a price-to-earnings ratio of 4.58.

NBG has been the subject of a number of other recent research reports. Analysts at Bank of America upgraded shares of National Bank of Greece (ADR) from an “underperform” rating to a “neutral” rating in a research note on Tuesday, April 22nd. Separately, analysts at Deutsche Bank downgraded shares of National Bank of Greece (ADR) to a “buy” rating in a research note on Thursday, April 17th. Finally, analysts at JPMorgan Chase & Co. upgraded shares of National Bank of Greece (ADR) from an “underweight” rating to a “neutral” rating in a research note on Thursday, April 17th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. National Bank of Greece (ADR) has an average rating of “Hold”.

National Bank of Greece SA (NYSE:NBG) is a Greece-based financial institution.

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