National Australia Bank (NABZY) Downgraded to Sell at Zacks Investment Research

Zacks Investment Research downgraded shares of National Australia Bank (OTCMKTS:NABZY) from a hold rating to a sell rating in a report published on Wednesday morning.

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

A number of other analysts also recently weighed in on NABZY. ValuEngine upgraded National Australia Bank from a sell rating to a hold rating in a report on Friday, January 4th. Goldman Sachs Group upgraded National Australia Bank from a neutral rating to a buy rating in a report on Thursday, January 10th.

Shares of National Australia Bank stock opened at $8.90 on Wednesday. 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 $46.96 billion, a price-to-earnings ratio of 11.41, a price-to-earnings-growth ratio of 1.20 and a beta of 0.97.

National Australia Bank Company Profile

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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