ValuEngine Downgrades National Bank of Canada (NTIOF) to Buy
National Bank of Canada (OTCMKTS:NTIOF) was downgraded by investment analysts at ValuEngine from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Wednesday.
Separately, Zacks Investment Research upgraded National Bank of Canada from a “sell” rating to a “hold” rating in a report on Wednesday. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. National Bank of Canada has an average rating of “Buy” and a consensus price target of $55.40.
Shares of National Bank of Canada (OTCMKTS:NTIOF) traded down $0.56 during trading on Wednesday, hitting $49.54. The stock had a trading volume of 22,013 shares, compared to its average volume of 15,709. The firm has a market capitalization of $17,153.56, a price-to-earnings ratio of 12.12 and a beta of 1.31. National Bank of Canada has a twelve month low of $37.82 and a twelve month high of $50.52.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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