NAB shares have risen 8% since we upgraded them to Buy on 27 June amid the fallout from the UK's Brexit referendum. That puts them about 5% above our Buy price and we're downgrading to HOLD.
NAB cut to Hold
With its share price recovering a little, we're moving NAB back to Hold.
InvestSMART FORUM: Come and meet the team
We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.