National Bank of Canada (NTIOF) Receives New Coverage from Analysts at Canaccord Genuity
Stock analysts at Canaccord Genuity assumed coverage on shares of National Bank of Canada (OTCMKTS:NTIOF) in a research note issued to investors on Tuesday. The brokerage set a “buy” rating on the financial services provider’s stock.
A number of other research firms also recently weighed in on NTIOF. Zacks Investment Research upgraded National Bank of Canada from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Wednesday, July 5th. Barclays PLC upgraded National Bank of Canada from an “equal weight” rating to an “overweight” rating and set a $59.00 target price for the company in a research report on Tuesday, May 23rd. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $53.50.
National Bank of Canada (OTCMKTS:NTIOF) opened at 43.8332 on Tuesday. National Bank of Canada has a one year low of $33.63 and a one year high of $44.80. The firm has a market capitalization of $14.97 billion, a price-to-earnings ratio of 12.0753 and a beta of 1.26. The stock’s 50 day moving average price is $40.00 and its 200-day moving average price is $41.43.
National Bank of Canada Company Profile
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