National Bank of Canada (OTCMKTS:NTIOF) Stock Rating Upgraded by Cormark

National Bank of Canada (OTCMKTS:NTIOF) was upgraded by stock analysts at Cormark from a “hold” rating to a “moderate buy” rating in a research report issued on Wednesday,Zacks.com reports.

Other equities research analysts have also issued research reports about the stock. Cibc World Mkts upgraded shares of National Bank of Canada from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 9th. Barclays downgraded shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 21st.

National Bank of Canada Stock Performance

Shares of National Bank of Canada stock opened at $91.19 on Wednesday. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 0.06. The stock’s fifty day moving average price is $94.42 and its 200-day moving average price is $90.98. The firm has a market cap of $31.08 billion, a P/E ratio of 11.62 and a beta of 1.07. National Bank of Canada has a 12 month low of $73.17 and a 12 month high of $100.08.

National Bank of Canada Company Profile

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.