National Bank of Greece Upgraded to Buy by Citigroup Inc. (NBG)
National Bank of Greece (NYSE:NBG) was upgraded by investment analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating in a note issued to investors on Tuesday, TheFlyOnTheWall.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at Renaissance Capital upgraded shares of National Bank of Greece from a “sell” rating to a “buy” rating in a research note on Monday, July 7th. Separately, analysts at Goldman Sachs initiated coverage on shares of National Bank of Greece in a research note on Tuesday, July 1st. They set a “buy” rating on the stock. Finally, analysts at JPMorgan Chase & Co. initiated coverage on shares of National Bank of Greece in a research note on Wednesday, June 11th. They set a “sell” rating and a $99.00 price target on the stock. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. National Bank of Greece presently has an average rating of “Hold” and a consensus price target of $99.00.
National Bank of Greece (NYSE:NBG) opened at 3.05 on Tuesday. National Bank of Greece has a one year low of $2.90 and a one year high of $6.48. The stock has a 50-day moving average of $3.44 and a 200-day moving average of $4.21. The company has a market cap of $7.309 billion and a P/E ratio of 4.34.
National Bank of Greece SA (NYSE:NBG) is a Greece-based financial institution.
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