Research Analysts Issue Forecasts for National Australia Bank Ltd.’s FY2021 Earnings (OTCMKTS:NABZY)

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National Australia Bank Ltd. (OTCMKTS:NABZY) – Research analysts at Jefferies Financial Group dropped their FY2021 EPS estimates for National Australia Bank in a research report issued on Thursday, February 13th. Jefferies Financial Group analyst B. Johnson now forecasts that the financial services provider will post earnings per share of $0.75 for the year, down from their prior forecast of $0.76. Jefferies Financial Group currently has a “Hold” rating on the stock.

NABZY has been the subject of a number of other research reports. Zacks Investment Research cut shares of National Australia Bank from a “hold” rating to a “sell” rating in a research note on Wednesday. ValuEngine cut shares of National Australia Bank from a “hold” rating to a “sell” rating in a research note on Saturday. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $9.75.

Shares of NABZY stock opened at $9.21 on Friday. National Australia Bank has a 52-week low of $8.13 and a 52-week high of $10.38. The stock has a market cap of $51.64 billion, a price-to-earnings ratio of 15.10, a P/E/G ratio of 1.20 and a beta of 0.77. The company has a debt-to-equity ratio of 2.69, a quick ratio of 1.23 and a current ratio of 1.23. The firm has a fifty day moving average of $8.62 and a 200-day moving average of $9.23.

About National Australia Bank

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.

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