National Bank of Canada (OTCMKTS:NTIOF) Stock Rating Upgraded by Cibc World Mkts

National Bank of Canada (OTCMKTS:NTIOF) was upgraded by equities researchers at Cibc World Mkts from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Separately, Barclays cut shares of National Bank of Canada from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 21st.

National Bank of Canada Stock Down 0.8 %

NTIOF stock opened at $91.40 on Thursday. The company has a market cap of $31.13 billion, a price-to-earnings ratio of 11.64 and a beta of 1.07. The company has a fifty day moving average price of $94.63 and a 200 day moving average price of $90.63. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.76 and a quick ratio of 0.76. National Bank of Canada has a 12 month low of $73.17 and a 12 month high of $100.08.

About National Bank of Canada

National Bank of Canada provides financial services to individuals, businesses, institutional clients, and governments in Canada and internationally. It operates through four segments: Personal and Commercial, Wealth Management, Financial Markets, and U.S. Specialty Finance and International. The Personal and Commercial segment offers personal banking services, including transaction solutions, mortgage loans and home equity lines of credit, consumer loans, payment solutions, and savings and investment solutions; various insurance products; and commercial banking services, such as credit, and deposit, investment solutions, international trade, foreign exchange transactions, payroll, cash management, insurance, electronic transactions, and complimentary services.