Goldman Sachs Lowers National Australia Bank to Neutral (NABZY)
National Australia Bank (NASDAQ:NABZY) was downgraded by equities researchers at Goldman Sachs from a “buy” rating to a “neutral” rating in a research report issued on Monday, TheFlyOnTheWall.com reports.
National Australia Bank (NASDAQ:NABZY) traded down 1.37% on Monday, hitting $15.9975. The stock had a trading volume of 52,301 shares. National Australia Bank has a one year low of $14.22 and a one year high of $17.63. The stock has a 50-day moving average of $15.98 and a 200-day moving average of $15.79. The company has a market cap of $73.461 billion and a P/E ratio of 14.36.
National Australia Bank Limited provides products, advice and services. In Australia, it operates through National Australia Bank, MLC and UBank.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.