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Macquarie Sticks to Its Hold Rating for National Australia Bank Limited (NAUBF)

Macquarie Sticks to Its Hold Rating for National Australia Bank Limited (NAUBF)

Macquarie analyst Victor German GFA maintained a Hold rating on National Australia Bank Limited (NAUBF – Research Report) today and set a price target of A$35.00.
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According to TipRanks, German GFA is an analyst with an average return of -13.6% and a 26.09% success rate. German GFA covers the Financial sector, focusing on stocks such as Westpac Banking, Bank of Queensland , and National Australia Bank Limited.
In addition to Macquarie, National Australia Bank Limited also received a Hold from UBS's John Storey in a report issued today. However, on the same day, Citi maintained a Sell rating on National Australia Bank Limited (Other OTC: NAUBF).
The company has a one-year high of $28.75 and a one-year low of $17.30. Currently, National Australia Bank Limited has an average volume of 3,210.
Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of NAUBF in relation to earlier this year.

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