ASX:NABBanks
Has National Australia Bank (ASX:NAB) Run Too Far After Strong Multi‑Year Share Gains
Wondering if National Australia Bank is reasonably priced at its current level, or if the recent run means you might be paying too much for the stock.
The share price recently closed at A$43.37, with returns of 2.4% over the past week, 2.5% over the past month, 2.3% year to date and 12.8% over the last year, while the 3 year and 5 year returns sit at 57.9% and 119.3%.
These moves sit against a backdrop of ongoing interest in the big Australian banks and regular updates on credit conditions,...