Weekly Investment Analysts’ Ratings Updates for National Bank of Canada (NTIOF)

Several brokerages have updated their recommendations and price targets on shares of National Bank of Canada (OTCMKTS: NTIOF) in the last few weeks:

  • 5/17/2019 – National Bank of Canada had its “hold” rating reaffirmed by analysts at Barclays PLC.
  • 5/16/2019 – National Bank of Canada was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. 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. “
  • 5/3/2019 – National Bank of Canada is now covered by analysts at Jefferies Financial Group Inc. They set a “buy” rating on the stock.
  • 5/1/2019 – National Bank of Canada was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 5/1/2019 – National Bank of Canada was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. 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. “
  • 4/24/2019 – National Bank of Canada was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. 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. “
  • 4/11/2019 – National Bank of Canada was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. 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. “
  • 4/9/2019 – National Bank of Canada was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 4/4/2019 – National Bank of Canada was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. 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. “
  • 3/22/2019 – National Bank of Canada was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. 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. “

Shares of OTCMKTS:NTIOF opened at $46.76 on Monday. National Bank of Canada has a one year low of $39.85 and a one year high of $51.95. The company has a market cap of $15.67 billion, a PE ratio of 10.03 and a beta of 1.27.

National Bank of Canada (OTCMKTS:NTIOF) last issued its quarterly earnings results on Wednesday, February 27th. The financial services provider reported $1.13 EPS for the quarter, missing the consensus estimate of $1.18 by ($0.05). National Bank of Canada had a return on equity of 18.15% and a net margin of 19.45%. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.39 billion. Research analysts expect that National Bank of Canada will post 4.67 earnings per share for the current year.

National Bank of Canada provides various financial products and services to retail, commercial, corporate, and institutional clients in Canada and internationally. It operates through Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International segments.

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