National Australia Bank (OTCMKTS:NABZY) Downgraded by ValuEngine to “Sell”

ValuEngine lowered shares of National Australia Bank (OTCMKTS:NABZY) from a hold rating to a sell rating in a research report sent to investors on Wednesday, ValuEngine reports.

Several other equities analysts have also commented on the company. Morgan Stanley raised National Australia Bank from an equal weight rating to an overweight rating in a report on Monday, May 20th. Zacks Investment Research raised National Australia Bank from a sell rating to a hold rating in a report on Tuesday, July 16th.

OTCMKTS:NABZY opened at $9.72 on Wednesday. The stock has a market capitalization of $52.50 billion, a price-to-earnings ratio of 12.46, a PEG ratio of 1.46 and a beta of 0.80. The company has a fifty day simple moving average of $9.53. National Australia Bank has a 12 month low of $7.84 and a 12 month high of $10.56.

National Australia Bank Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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