Brokers Set Expectations for National Bank of Canada’s Q3 2017 Earnings (NTIOF)
National Bank of Canada (OTC:NTIOF) – Research analysts at Cormark increased their Q3 2017 earnings per share (EPS) estimates for shares of National Bank of Canada in a research report issued to clients and investors on Tuesday. Cormark analyst M. Grauman now forecasts that the company will post earnings of $1.06 per share for the quarter, up from their prior estimate of $0.98. Cormark also issued estimates for National Bank of Canada’s FY2017 earnings at $4.23 EPS and FY2018 earnings at $4.47 EPS.
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Several other research analysts have also recently issued reports on the company. Canaccord Genuity assumed coverage on National Bank of Canada in a research report on Tuesday, July 18th. They set a “buy” rating on the stock. Barclays PLC raised National Bank of Canada from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, May 23rd.
Shares of National Bank of Canada (NTIOF) opened at 43.4161 on Wednesday. The company has a market cap of $14.83 billion, a PE ratio of 11.5376 and a beta of 1.27. The stock’s 50 day moving average price is $43.71 and its 200-day moving average price is $41.97. National Bank of Canada has a 52 week low of $34.19 and a 52 week high of $46.10.
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