National Bank of Canada Expected to Post FY2018 Earnings of $4.61 Per Share (NTIOF)

National Bank of Canada (OTCMKTS:NTIOF) – Stock analysts at Cormark upped their FY2018 EPS estimates for shares of National Bank of Canada in a research note issued on Monday. Cormark analyst M. Grauman now expects that the financial services provider will earn $4.61 per share for the year, up from their previous forecast of $4.49. Cormark also issued estimates for National Bank of Canada’s Q1 2019 earnings at $1.19 EPS, Q2 2019 earnings at $1.18 EPS, Q3 2019 earnings at $1.25 EPS, Q4 2019 earnings at $1.27 EPS and FY2019 earnings at $4.87 EPS.

Several other brokerages have also recently commented on NTIOF. Zacks Investment Research raised shares of National Bank of Canada from a “sell” rating to a “hold” rating in a research report on Wednesday. ValuEngine raised shares of National Bank of Canada from a “buy” rating to a “strong-buy” rating in a research report on Thursday, September 7th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus price target of $55.40.

National Bank of Canada (NTIOF) traded down $0.51 during trading on Tuesday, reaching $49.59. 1,195 shares of the company traded hands, compared to its average volume of 15,709. National Bank of Canada has a 12-month low of $37.82 and a 12-month high of $50.52. The firm has a market cap of $17,153.56, a P/E ratio of 12.12 and a beta of 1.31.

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National Bank of Canada Company Profile

Earnings History and Estimates for National Bank of Canada (OTCMKTS:NTIOF)

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