Published 10:49 AM, 1 Feb 2013
Citigroup upgraded National Australia Bank to buy from neutral ahead of its results and briefings. It also raised its target price for the stock to $29.75 from $25.
Citigroup notes that NAB has joined the other bank’s share rally recently as continued central bank action around the globe drives investors towards high yielding equities. Citigroup sees fewer near-term risks of disappointment for NAB and the potential for positive responses to announcements on either asset sales, expense initiatives and management change.
finally out of the gates?, page-8
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Last
$36.93 |
Change
0.730(2.02%) |
Mkt cap ! $113.9B | |||
| Open | High | Low | Value | Volume |
| $36.64 | $36.96 | $36.37 | $73.89M | 2.011M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3521 | $36.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.93 | 1722 | 13 |
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| Last trade - 13.02pm 12/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |