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National Bank of Greece (ADR) (NYSE:NBG) was upgraded by stock analysts at BofA Merrill Lynch from an “underperform” rating to a “neutral” rating in a report issued on Saturday, Analyst Ratings Network.com reports.

National Bank of Greece (NYSE:NBG) opened at 3.03 on Friday. National Bank of Greece has a 52 week low of $2.85 and a 52 week high of $21.70. The stock has a 50-day moving average of $4.41 and a 200-day moving average of $5.14. The company has a market cap of $7.261 billion and a P/E ratio of 3.36.

Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. upgraded shares of National Bank of Greece (ADR) from a “neutral” rating to an “overweight” rating in a research note on Friday. Separately, 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. Finally, analysts at Deutsche Bank downgraded shares of National Bank of Greece (ADR) to a “buy” rating in a research note on Thursday, April 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the stock. The stock has a consensus rating of “Hold”.

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

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