National Australia Bank Stock Rating Reaffirmed by JPMorgan Chase & Co. (NAB)
National Australia Bank (ASX:NAB)‘s stock had its “underweight” rating restated by equities researchers at JPMorgan Chase & Co. in a research report issued on Thursday. They currently have a $35.51 price objective on the stock.
National Australia Bank (ASX:NAB) traded down 1.83% during mid-day trading on Thursday, hitting A$33.820. The stock had a trading volume of 5,778,697 shares. National Australia Bank has a 52-week low of A$30.280 and a 52-week high of A$37.070. The stock has a 50-day moving average of A$33.91 and a 200-day moving average of A$34.19.
A number of other analysts have also recently weighed in on NAB. Analysts at Credit Suisse reiterated an “outperform” rating on shares of National Australia Bank in a research note on Monday, August 4th. They now have a $38.00 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of National Australia Bank in a research note on Tuesday, June 17th. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of National Australia Bank in a research note on Monday, June 9th.
National Australia Bank Limited is a financial services organization providing products, advice and services through its major Australian franchise and businesses in the United Kingdom, New Zealand, the United States and Asia.
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