National Australia Bank (OTCMKTS:NABZY) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of National Australia Bank (OTCMKTS:NABZYGet Rating) from a hold rating to a buy rating in a research note published on Saturday, Zacks.com reports. Zacks Investment Research currently has $12.00 price target on the financial services provider’s stock.

According to Zacks, “National Australia Bank is an international financial services group providing a comprehensive and integrated range of financial services. “

Shares of NABZY opened at $11.04 on Friday. National Australia Bank has a fifty-two week low of $9.13 and a fifty-two week high of $12.95. The business has a 50-day moving average of $11.68 and a 200 day moving average of $10.88.

The company also recently announced a dividend, which will be paid on Tuesday, July 12th. Investors of record on Monday, May 16th will be given a $0.251 dividend. The ex-dividend date is Friday, May 13th. This represents a yield of 4.43%.

About National Australia Bank (Get Rating)

National Australia Bank Limited provides financial services to individuals and businesses in Australia, New Zealand, and internationally. It operates through Business and Private Banking, Personal Banking, Corporate and Institutional Banking, and New Zealand Banking segments. It operates through Business and Private Banking; Personal Banking; Corporate and Institutional Banking; New Zealand Banking; and Corporate Functions and Other segments.

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