National Bank of Canada (OTCMKTS:NTIOF) Upgraded at Cormark

National Bank of Canada (OTCMKTS:NTIOF - Get Free Report) was upgraded by stock analysts at Cormark from a "hold" rating to a "moderate buy" rating in a report released on Wednesday,Zacks.com reports.

Several other research analysts have also recently weighed in on the company. Cibc World Mkts upgraded National Bank of Canada from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Barclays lowered 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 2.3 %

Shares of OTCMKTS:NTIOF traded down $2.06 on Wednesday, hitting $89.13. 170,322 shares of the company traded hands, compared to its average volume of 66,830. The stock has a 50 day simple moving average of $94.19 and a 200-day simple moving average of $91.05. The company has a quick ratio of 0.76, a current ratio of 0.76 and a debt-to-equity ratio of 0.06. The company has a market cap of $30.38 billion, a PE ratio of 11.35 and a beta of 1.07. National Bank of Canada has a 52 week low of $73.17 and a 52 week high of $100.08.

About National Bank of Canada

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.