National Bank of Canada (NTIOF) Upgraded at Zacks Investment Research

National Bank of Canada (OTCMKTS:NTIOF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.

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 has been the topic of a number of other research reports. Canaccord Genuity reiterated a “hold” rating on shares of National Bank of Canada in a report on Thursday, December 6th. ValuEngine upgraded shares of National Bank of Canada from a “sell” rating to a “hold” rating in a report on Friday, January 4th. TD Securities reiterated a “hold” rating on shares of National Bank of Canada in a report on Thursday, December 6th. Barclays reiterated a “hold” rating on shares of National Bank of Canada in a report on Thursday, December 6th. Finally, Desjardins restated a “hold” rating on shares of National Bank of Canada in a report on Tuesday, December 11th. Six analysts have rated the stock with a hold rating, National Bank of Canada has a consensus rating of “Hold” and a consensus target price of $52.00.



OTCMKTS:NTIOF opened at $46.51 on Friday. National Bank of Canada has a 52 week low of $39.85 and a 52 week high of $51.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market cap of $15.48 billion, a PE ratio of 9.98 and a beta of 1.28.

About National Bank of Canada

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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