CLSA downgrades National Australia Bank to Underperform (4)

  • Investing.com
CLSA downgrades National Australia Bank to Underperform (4)

A CLSA analyst downgraded National Australia Bank (ASX: NAB) from Outperform (2) to Underperform (4) with a price target of $27.90 from a prior price target of AUD33.00.

Prior to this rating, National Australia Bank had 6 buy ratings, 7 hold ratings, and 2 sell ratings.

For consensus analyst estimates and price targets on National Australia Bank, click here. For more news on National Australia Bank, click here.

National Australia Bank's stock price closed at $27.720. They are down -3.85% in the last month and down -14.260% in the last 12 months.

According to Investing Pro, National Australia Bank's fair value is $38.123, an upside of 37.779%. National Australia Bank's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out National Australia Bank's recent earnings performance and financials here.

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