Deutsche Bank Upgrades National Bank of Greece To Buy, Climbs 6%

American depository shares of National Bank of Greece (NBG) rose Thursday after being upgraded to a buy rating from hold by analysts at Deutsche Bank.

National Bank of Greece provides financial services. It include retail & commercial banking, global investment management, investment banking, insurance, investment activities and securities trading.

The Greek bank rose 6% to $3.79 per ADS. It has traded from $2.85 to $6.48 in the past 52 weeks.


Andy Weld, CFA, is an editor and equity analyst for The Downtown Leader. If you have a great story idea for Andy Weld, you can write at [ ].