National Australia Bank (NABZY) Set to Announce Earnings on Thursday

National Australia Bank (OTCMKTS:NABZY) is expected to post its results before the market opens on Thursday, November 5th. Analysts expect the company to announce earnings of $0.4178 per share and revenue of $7.82 billion for the quarter.

National Australia Bank Stock Down 1.7%

Shares of National Australia Bank stock opened at $14.16 on Wednesday. The firm’s fifty day simple moving average is $13.74 and its 200-day simple moving average is $14.40. National Australia Bank has a 12 month low of $12.41 and a 12 month high of $18.13.

Analyst Ratings Changes

NABZY has been the subject of a number of recent research reports. National Bank Financial upgraded shares of National Australia Bank from a “neutral” rating to a “buy” rating in a research note on Wednesday, September 16th. The Goldman Sachs Group upgraded shares of National Australia Bank from a “strong sell” rating to a “hold” rating in a research note on Thursday, September 10th. Two investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $42.50.

About National Australia Bank

National Australia Bank Limited (OTCMKTS:NABZY) is a major Australian banking and financial services company headquartered in Melbourne, Australia. The bank provides services to individual, business, corporate and institutional customers through the NAB brand and related operations.

NAB’s offerings include transaction and savings accounts, home and personal loans, credit cards, business lending, cash-flow and payment solutions, foreign exchange, trade finance, corporate banking and investment services.