NAB 1.24% $38.28 national australia bank limited

longer term could bounce to a$28.35, maybe reachin

  1. 330 Posts.
    For those that missed my earlier post .....

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    1529 [Dow Jones] STOCK CALL: Tolhurst Noall technical analyst David Rogers positive on NAB (NAB), near term says buy near A$26.20 with target A$27.00 vs last A$26.23, up 15 cents. Longer term could bounce to A$28.35, maybe reaching A$30.50 in next 6-12 months amid expectations NAB will offload its struggling UK operations. With yield around 6.3%, "hard to see it spending much time near A$25.00 without major negative developments". (IGP)

    Friday 13th August 2004
 
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