National Bank of Canada (OTCMKTS:NTIOF) Given Average Rating of “Moderate Buy” by Brokerages

National Bank of Canada (OTCMKTS:NTIOF) has earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of equities analysts have commented on NTIOF shares. Scotiabank reaffirmed an “outperform” rating on shares of National Bank of Canada in a research note on Monday. Zacks Research lowered shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Raymond James Financial reiterated a “market perform” rating on shares of National Bank of Canada in a research report on Friday, February 13th. Finally, Canadian Imperial Bank of Commerce upgraded National Bank of Canada from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th.

National Bank of Canada Stock Performance

Shares of National Bank of Canada stock opened at $152.66 on Friday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.74 and a current ratio of 0.74. The business’s 50 day moving average price is $138.68 and its 200 day moving average price is $127.17. The company has a market cap of $58.93 billion, a price-to-earnings ratio of 20.38, a PEG ratio of 1.37 and a beta of 0.91. National Bank of Canada has a one year low of $89.19 and a one year high of $153.69.

National Bank of Canada (OTCMKTS:NTIOF) last issued its earnings results on Wednesday, February 25th. The financial services provider reported $2.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.15 by $0.19. The business had revenue of $2.85 billion during the quarter, compared to the consensus estimate of $3.68 billion. National Bank of Canada had a return on equity of 15.69% and a net margin of 13.60%. On average, research analysts predict that National Bank of Canada will post 9.15 EPS for the current year.

About National Bank of Canada

National Bank of Canada (OTCMKTS: NTIOF) is a full‑service Canadian financial institution headquartered in Montreal, Quebec. The bank offers a broad range of products and services for personal, commercial and institutional clients, including deposit accounts, mortgages and consumer lending, small‑ and medium‑sized business banking, corporate lending, and cash management solutions.

In addition to traditional banking, National Bank provides wealth management and brokerage services through its private banking and advisory channels, and operates an investment banking and capital markets platform that delivers underwriting, advisory, trading and research services.