National Australia Bank (NABZY) Lowered to Sell at Zacks Investment Research

Zacks Investment Research cut shares of National Australia Bank (OTCMKTS:NABZY) from a hold rating to a sell rating in a report published on Tuesday morning, Zacks.com reports.

According to Zacks, “National Australia Bank is an international financial services group providing a comprehensive and integrated range of financial services. “

Several other analysts also recently weighed in on NABZY. ValuEngine upgraded National Australia Bank from a sell rating to a hold rating in a research note on Friday, January 4th. Goldman Sachs Group upgraded National Australia Bank from a neutral rating to a buy rating in a research note on Thursday, January 10th.

National Australia Bank stock opened at $9.01 on Tuesday. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 2.78. The stock has a market cap of $48.65 billion, a price-to-earnings ratio of 11.55, a PEG ratio of 1.49 and a beta of 0.95. National Australia Bank has a fifty-two week low of $7.84 and a fifty-two week high of $11.25.

About National Australia Bank

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, Asia, the United States, and the United Kingdom. It operates through Consumer Banking and Wealth, Business and Private Banking, Corporate and Institutional Banking, and New Zealand Banking segments.

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