Cormark Equities Analysts Raise Earnings Estimates for National Bank of Canada (NTIOF)

National Bank of Canada (OTCMKTS:NTIOF) – Equities research analysts at Cormark lifted their FY2018 earnings per share (EPS) estimates for National Bank of Canada in a note issued to investors on Monday, according to Zacks Investment Research. Cormark analyst M. Grauman now forecasts that the financial services provider will post earnings per share of $4.61 for the year, up from their previous forecast of $4.49. Cormark also issued estimates for National Bank of Canada’s Q1 2019 earnings at $1.19 EPS, Q2 2019 earnings at $1.18 EPS, Q3 2019 earnings at $1.25 EPS, Q4 2019 earnings at $1.27 EPS and FY2019 earnings at $4.87 EPS.

Several other equities analysts also recently commented on the stock. ValuEngine downgraded shares of National Bank of Canada from a “strong-buy” rating to a “buy” rating in a report on Wednesday, December 6th. Zacks Investment Research upgraded shares of National Bank of Canada from a “sell” rating to a “hold” rating in a report on Wednesday, December 6th.

Shares of National Bank of Canada (OTCMKTS:NTIOF) traded down $0.48 during midday trading on Tuesday, hitting $49.60. 5,868 shares of the stock traded hands, compared to its average volume of 22,399. The stock has a market cap of $17,034.51, a PE ratio of 12.04 and a beta of 1.31. National Bank of Canada has a 52-week low of $37.82 and a 52-week high of $50.52.

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Earnings History and Estimates for National Bank of Canada (OTCMKTS:NTIOF)

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