National Bank of Canada (NTIOF) to Release Earnings on Wednesday
National Bank of Canada (OTCMKTS:NTIOF) is set to post its quarterly earnings results before the market opens on Wednesday, December 4th.
Shares of OTCMKTS NTIOF opened at $53.48 on Tuesday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.06. National Bank of Canada has a 12 month low of $39.85 and a 12 month high of $53.48. The company has a 50 day simple moving average of $52.22 and a two-hundred day simple moving average of $48.69. The stock has a market cap of $17.87 billion, a price-to-earnings ratio of 11.48 and a beta of 1.28.
Several research firms have recently weighed in on NTIOF. Zacks Investment Research raised shares of National Bank of Canada from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a report on Thursday, September 19th. CIBC reaffirmed a “hold” rating and set a $73.00 target price on shares of National Bank of Canada in a report on Thursday, November 21st. Finally, ValuEngine lowered shares of National Bank of Canada from a “sell” rating to a “strong sell” rating in a report on Tuesday, October 15th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $63.67.
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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