National Australia Bank (OTCMKTS:NABZY) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a note issued to investors on Friday.

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

Other equities analysts also recently issued research reports about the company. 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.

NABZY stock opened at $8.68 on Friday. The stock has a market cap of $46.45 billion, a price-to-earnings ratio of 11.13, a P/E/G ratio of 1.17 and a beta of 0.97. National Australia Bank has a 52-week low of $7.84 and a 52-week high of $12.04.

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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