National Australia Bank Price Target Raised to $37.50 at Bell Potter (NAB)
Investment analysts at Bell Potter raised their price target on shares of National Australia Bank (ASX:NAB) from $37.20 to $37.50 in a note issued to investors on Thursday. The firm currently has a “buy” rating on the stock.
National Australia Bank (ASX:NAB) traded down 0.74% on Thursday, hitting A$35.050. The stock had a trading volume of 3,799,526 shares. National Australia Bank has a 1-year low of A$31.900 and a 1-year high of A$37.070. The stock has a 50-day moving average of A$34.57 and a 200-day moving average of A$34.34.
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 Wednesday, August 20th. They now have a $38.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “underweight” rating on shares of National Australia Bank in a research note on Friday, August 15th. They now have a $35.51 price target on the stock.
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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