If an Upgrade by analysts means bad news then I will take bad news all day.
National Bank of Greece Upgraded by Vetr Inc. to “Buy” (NBG)
Posted by Max Byerly on May 5th, 2015 // No Comments
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National Bank of Greece logoNational Bank of Greece (NYSE:NBG) was upgraded by stock analysts at Vetr from a “hold” rating to a “buy” rating in a report issued on Monday. The firm currently has a $1.53 price target on the stock. Vetr‘s target price points to a potential upside of 15.04% from the stock’s previous close.
Separately, analysts at Goldman Sachs downgraded shares of National Bank of Greece from a “buy” rating to a “neutral” rating and set a $1.30 price target on the stock in a research note on Friday, February 6th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and five have given a buy rating to the stock. National Bank of Greece currently has a consensus rating of “Hold” and an average price target of $33.94.
Shares of National Bank of Greece (NYSE:NBG) traded down 8.28% on Monday, hitting $1.33. The stock had a trading volume of 11,695,670 shares. National Bank of Greece has a one year low of $0.98 and a one year high of $4.16. The stock has a 50-day moving average of $1. and a 200-day moving average of $1.. The company has a market cap of $4.70 billion and a P/E ratio of 57.83.
National Bank of Greece SA (NYSE:NBG) is a Greece-based financial institution. It provides a range of financial services including retail and commercial banking, asset management, brokerage, investment banking, insurance and real estate at a global level.
