National Bank of Canada (OTCMKTS:NTIOF) has earned an average rating of “Hold” from the six analysts that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $63.67.
Separately, CIBC reiterated a “hold” rating and issued a $73.00 price target on shares of National Bank of Canada in a research note on Thursday, November 21st.
OTCMKTS:NTIOF remained flat at $$55.65 during mid-day trading on Friday. The company had a trading volume of 142 shares, compared to its average volume of 5,543. The stock has a market cap of $18.67 billion, a P/E ratio of 11.67 and a beta of 1.19. National Bank of Canada has a fifty-two week low of $44.55 and a fifty-two week high of $56.52. The business has a fifty day simple moving average of $55.56 and a 200 day simple moving average of $51.67. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 0.06.
National Bank of Canada (OTCMKTS:NTIOF) last posted its quarterly earnings results on Wednesday, December 4th. The financial services provider reported $1.28 EPS for the quarter. The business had revenue of $1.45 billion during the quarter. National Bank of Canada had a return on equity of 18.31% and a net margin of 18.78%.
The firm also recently announced a quarterly dividend, which was paid on Saturday, February 1st. Shareholders of record on Monday, December 30th were issued a $0.535 dividend. The ex-dividend date of this dividend was Friday, December 27th. This represents a $2.14 dividend on an annualized basis and a yield of 3.85%. This is a boost from National Bank of Canada’s previous quarterly dividend of $0.51.
National Bank of Canada Company Profile
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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