National Bank of Canada (OTCMKTS:NTIOF) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a research note issued on Wednesday.

According to Zacks, “National Bank of Canada provides banking services, including retail, corporate and investment banking. It operates in three business segments, personal and commercial, wealth management, and financial markets. The personal and Commercial Banking segment offers a range of services, including credit, deposit and investment solutions and international trade services. Wealth Management provides financial advice, investment solutions, products and specialized services. Financial Markets provides corporate, public sector and institutional clients with banking and investment banking service. “

Separately, ValuEngine raised National Bank of Canada from a “buy” rating to a “strong-buy” rating in a report on Thursday, September 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $55.40.

National Bank of Canada (NTIOF) traded down $0.19 during midday trading on Wednesday, hitting $49.75. The stock had a trading volume of 419 shares, compared to its average volume of 12,403. The firm has a market cap of $16,949.48, a P/E ratio of 12.52 and a beta of 1.32. National Bank of Canada has a 12 month low of $36.83 and a 12 month high of $50.05.

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National Bank of Canada Company Profile

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