NAB 0.56% $36.23 national australia bank limited

looking weak, page-3

  1. 3,694 Posts.
    re: results preview And Macq.

    "National Australia Bank (NAB)

    Australia’s largest domestic retail bank is due to report tomorrow MRE expects NAB to report a net profit after tax (NPAT) of $1,844m, an adjusted “cash” NPAT of $2,019m, and a dividend of 77c/share.

    MRE believes that NAB has been negatively impacted by the pensions-related downgrade in the UK and rumours of the potential acquisition of AMP – going into the result TOMORROW NAB is the cheapest stock in the sector

    As such, MRE holds the view that a reasonable result which does enough to suggest the UK can post low single-digit earnings growth for the full-year, and illustrates strong growth and positioning in Australia could see NAB bounce – MRE go into the result rating NAB an Outperform in both the short and long-term."




 
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Last
$36.23
Change
0.200(0.56%)
Mkt cap ! $112.2B
Open High Low Value Volume
$36.26 $36.44 $36.07 $152.6M 4.216M

Buyers (Bids)

No. Vol. Price($)
1 3369 $36.22
 

Sellers (Offers)

Price($) Vol. No.
$36.23 9815 2
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
NAB (ASX) Chart
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