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July 2, 2014

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Bank of Greece coverage initiated by analysts at Goldman Sachs

Equities research analysts at Goldman Sachs initiated coverage on shares of National Bank of Greece (NYSE:NBG) in a research note issued to investors on Tuesday. The firm set a “buy” rating on the stock, the American Banking News reported.

National Bank of Greece (NYSE:NBG) opened at 3.68 on Tuesday. National Bank of Greece has a one year low of $2.85 and a one year high of $6.48. The stock has a 50-day moving average of $3.5 and a 200-day moving average of $4.67. The company has a market cap of $8.819 billion and a P/E ratio of 5.13.

NBG has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. initiated coverage on shares of National Bank of Greece in a research note on Wednesday, June 11th. They set a “sell” rating and a $99.00 price target on the stock. Separately, analysts at Barclays initiated coverage on shares of National Bank of Greece in a research note on Wednesday, June 11th. They set an “equal weight” rating on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of National Bank of Greece in a research note on Wednesday, June 11th. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. National Bank of Greece has an average rating of “Hold” and a consensus target price of $99.00.

National Bank of Greece SA (NYSE:NBG) is a Greece-based financial institution.

Read more at: www.americanbankingnews.com




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