National Australia Bank (OTCMKTS:NABZY) Stock Rating Lowered by ValuEngine

National Australia Bank (OTCMKTS:NABZY) was downgraded by equities research analysts at ValuEngine from a “hold” rating to a “sell” rating in a report released on Monday, February 4th.

Several other brokerages have also recently commented on NABZY. Zacks Investment Research cut National Australia Bank from a “hold” rating to a “sell” rating in a research note on Saturday, December 1st. Goldman Sachs Group upgraded National Australia Bank from a “neutral” rating to a “buy” rating in a report on Thursday, January 10th.

OTCMKTS:NABZY traded down $0.03 on Monday, hitting $8.90. 47,078 shares of the company’s stock traded hands, compared to its average volume of 123,257. National Australia Bank has a 1 year low of $7.84 and a 1 year high of $12.04. The stock has a market cap of $47.63 billion, a PE ratio of 11.41, a price-to-earnings-growth ratio of 1.20 and a beta of 0.97.

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

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