National Bank of Canada (OTCMKTS:NTIOF) Raised to Strong-Buy at Cibc World Mkts

National Bank of Canada (OTCMKTS:NTIOF) was upgraded by research analysts at Cibc World Mkts from a “hold” rating to a “strong-buy” rating in a report issued on Thursday,Zacks.com reports.

Separately, Barclays lowered shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 21st.

National Bank of Canada Stock Down 0.8 %

National Bank of Canada stock opened at $91.40 on Thursday. The stock’s 50 day moving average price is $94.63 and its 200 day moving average price is $90.63. National Bank of Canada has a 1-year low of $73.17 and a 1-year high of $100.08. The company has a market cap of $31.13 billion, a PE ratio of 11.64 and a beta of 1.07. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.76 and a quick ratio of 0.76.

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.