A number of firms have modified their ratings and price targets on shares of National Bank of Canada (OTCMKTS: NTIOF) recently:

  • 9/19/2019 – National Bank of Canada was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $54.00 price target on the stock. According to Zacks, “National Bank of Canada provides banking services, including retail, corporate and investment banking. It operates in three business segments, personal and commercial, wealth management, and financial markets. The personal and Commercial Banking segment offers a range of services, including credit, deposit and investment solutions and international trade services. Wealth Management provides financial advice, investment solutions, products and specialized services. Financial Markets provides corporate, public sector and institutional clients with banking and investment banking service. “
  • 9/16/2019 – National Bank of Canada was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 9/10/2019 – National Bank of Canada was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “National Bank of Canada provides banking services, including retail, corporate and investment banking. It operates in three business segments, personal and commercial, wealth management, and financial markets. The personal and Commercial Banking segment offers a range of services, including credit, deposit and investment solutions and international trade services. Wealth Management provides financial advice, investment solutions, products and specialized services. Financial Markets provides corporate, public sector and institutional clients with banking and investment banking service. “
  • 9/7/2019 – National Bank of Canada was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $54.00 price target on the stock. According to Zacks, “National Bank of Canada provides banking services, including retail, corporate and investment banking. It operates in three business segments, personal and commercial, wealth management, and financial markets. The personal and Commercial Banking segment offers a range of services, including credit, deposit and investment solutions and international trade services. Wealth Management provides financial advice, investment solutions, products and specialized services. Financial Markets provides corporate, public sector and institutional clients with banking and investment banking service. “
  • 8/31/2019 – National Bank of Canada was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “National Bank of Canada provides banking services, including retail, corporate and investment banking. It operates in three business segments, personal and commercial, wealth management, and financial markets. The personal and Commercial Banking segment offers a range of services, including credit, deposit and investment solutions and international trade services. Wealth Management provides financial advice, investment solutions, products and specialized services. Financial Markets provides corporate, public sector and institutional clients with banking and investment banking service. “
  • 8/30/2019 – National Bank of Canada was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $51.00 price target on the stock. According to Zacks, “National Bank of Canada provides banking services, including retail, corporate and investment banking. It operates in three business segments, personal and commercial, wealth management, and financial markets. The personal and Commercial Banking segment offers a range of services, including credit, deposit and investment solutions and international trade services. Wealth Management provides financial advice, investment solutions, products and specialized services. Financial Markets provides corporate, public sector and institutional clients with banking and investment banking service. “
  • 7/31/2019 – National Bank of Canada was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “National Bank of Canada provides banking services, including retail, corporate and investment banking. It operates in three business segments, personal and commercial, wealth management, and financial markets. The personal and Commercial Banking segment offers a range of services, including credit, deposit and investment solutions and international trade services. Wealth Management provides financial advice, investment solutions, products and specialized services. Financial Markets provides corporate, public sector and institutional clients with banking and investment banking service. “

NTIOF stock traded up $0.80 during trading hours on Monday, hitting $49.30. 3,700 shares of the stock were exchanged, compared to its average volume of 1,546. The company has a current ratio of 0.79, a quick ratio of 0.79 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 $50.64. The firm has a market capitalization of $16.54 billion, a P/E ratio of 10.58 and a beta of 1.26. The company has a 50-day simple moving average of $47.07 and a two-hundred day simple moving average of $46.97.

National Bank of Canada (OTCMKTS:NTIOF) last issued its quarterly earnings results on Wednesday, August 28th. The financial services provider reported $1.25 EPS for the quarter, topping the Zacks’ consensus estimate of $1.19 by $0.06. National Bank of Canada had a return on equity of 18.26% and a net margin of 18.84%. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.46 billion.

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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