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.
Published 10:49 AM, 1 Feb 2013 Citigroup upgraded National...
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Last
$36.79 |
Change
0.590(1.63%) |
Mkt cap ! $112.0B | |||
| Open | High | Low | Value | Volume |
| $36.64 | $36.85 | $36.37 | $36.42M | 995.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2537 | $36.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $36.80 | 261 | 8 |
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| Last trade - 10.38am 12/07/2024 (20 minute delay) ? |
| NAB (ASX) Chart |