National Bank of Greece (OTCMKTS:NBGIF) Shares Up 3.3% – Here’s Why

National Bank of Greece S.A. (OTCMKTS:NBGIF)’s share price traded up 3.3% on Thursday. The company traded as high as $20.95 and last traded at $20.95. Approximately 218 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 3,102 shares. The stock had previously closed at $20.2750.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of National Bank of Greece in a research report on Friday, September 4th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, National Bank of Greece presently has a consensus rating of “Moderate Buy”.

National Bank of Greece Stock Performance

The business has a 50 day moving average price of $19.35 and a 200-day moving average price of $17.56.

About National Bank of Greece

National Bank of Greece SA is a financial services group headquartered in Athens, Greece. Founded in 1841, it is one of the country’s oldest banking institutions and provides banking products and services to individuals, businesses and institutional customers.

The bank’s activities include retail and commercial banking, corporate and investment banking, private banking, asset management, payments and electronic banking. Its offerings include deposit accounts, consumer and mortgage lending, business financing, cash-management services, investment products and other financial solutions.

National Bank of Greece primarily serves customers in Greece through its branch and digital banking network, while also maintaining selected international operations and partnerships.