National Australia Bank (OTCMKTS:NABZY) Downgraded by Zacks Investment Research
According to Zacks, “National Australia Bank is an international financial services group providing a comprehensive and integrated range of financial services. “
Several other research firms have also recently commented on NABZY. Jefferies Financial Group raised shares of National Australia Bank from a hold rating to a buy rating in a research note on Tuesday, March 17th. UBS Group raised shares of National Australia Bank from a neutral rating to a buy rating in a research note on Thursday, June 4th. Finally, ValuEngine raised shares of National Australia Bank from a sell rating to a hold rating in a research note on Thursday, June 4th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $5.75.
The firm also recently disclosed a Semi-Annual dividend, which will be paid on Friday, July 10th. Stockholders of record on Thursday, May 7th will be given a dividend of $0.086 per share. The ex-dividend date of this dividend is Wednesday, May 6th. National Australia Bank’s dividend payout ratio (DPR) is 27.87%.
National Australia Bank Company Profile
National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, Asia, the United States, and the United Kingdom. It operates through Consumer Banking and Wealth, Business and Private Banking, Corporate and Institutional Banking, and New Zealand Banking segments.
Featured Story: Insider Trading
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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.