National Australia Bank (OTCMKTS:NABZY) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

National Australia Bank Ltd. (OTCMKTS:NABZY – Get Free Report)’s share price passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $14.39 and traded as high as $14.59. National Australia Bank shares last traded at $14.53, with a volume of 210,030 shares traded.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on NABZY shares. National Bank Financial upgraded shares of National Australia Bank from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 16th. The Goldman Sachs Group upgraded shares of National Australia Bank from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 10th. Two analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $42.50.

Get Our Latest Stock Analysis on National Australia Bank

National Australia Bank Stock Performance

The company has a 50-day moving average of $13.69 and a 200-day moving average of $14.39.

About National Australia Bank

(Get Free Report)

National Australia Bank Limited (OTCMKTS:NABZY) is a major Australian banking and financial services company headquartered in Melbourne, Australia. The bank provides services to individual, business, corporate and institutional customers through the NAB brand and related operations.

NAB’s offerings include transaction and savings accounts, home and personal loans, credit cards, business lending, cash-flow and payment solutions, foreign exchange, trade finance, corporate banking and investment services.

Further Reading

Receive News & Ratings for National Australia Bank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Australia Bank and related companies with MarketBeat.com's FREE daily email newsletter.