Morgan Stanley Upgrades National Australia Bank (NABZY) to Overweight

Morgan Stanley upgraded shares of National Australia Bank (OTCMKTS:NABZY) from an equal weight rating to an overweight rating in a research note issued to investors on Monday, The Fly reports.

NABZY has been the topic of a number of other reports. ValuEngine lowered shares of National Australia Bank from a hold rating to a sell rating in a research note on Monday, February 4th. Zacks Investment Research upgraded shares of National Australia Bank from a sell rating to a hold rating in a research note on Wednesday, January 23rd.

OTCMKTS:NABZY opened at $8.95 on Monday. National Australia Bank has a 1 year low of $7.84 and a 1 year high of $10.68. 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 firm has a market capitalization of $47.84 billion, a P/E ratio of 11.47, a PEG ratio of 1.22 and a beta of 0.93.

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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