National Bank of Greece Given Average Recommendation of “Hold” by Analysts (NYSE:NBG)
National Bank of Greece (NYSE:NBG) has received a consensus recommendation of “Hold” from the ten ratings firms that are covering the company, Stock Ratings Network reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and six have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $99.00.
National Bank of Greece (NYSE:NBG) traded down 1.14% on Friday, hitting $3.46. 244,878 shares of the company’s stock traded hands. National Bank of Greece has a 1-year low of $2.90 and a 1-year high of $6.48. The stock’s 50-day moving average is $3.32 and its 200-day moving average is $4.08. The company has a market cap of $8.292 billion and a price-to-earnings ratio of 5.04.
A number of research firms have recently commented on NBG. Analysts at Citigroup Inc. upgraded shares of National Bank of Greece from a “neutral” rating to a “buy” rating in a research note on Tuesday, August 12th. Separately, 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. Finally, 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.
National Bank of Greece SA (NYSE:NBG) is a Greece-based financial institution.
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