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Is the NAB share price a buy Under $20?

Here’s why this fundie says ‘the future could look quite different’ - March 9, 2022 The National Australia Bank Ltd (ASX: NAB) share price is now under $20, is it a buy now because it’s too cheap to ignore? The last time that NAB was under $20 for a sustained period was during the GFC.

Is the NAB share price worth 6% before dividends?

The note reveals that the broker has a conviction buy rating and $30.62 price target on the bank’s shares. Based on the current NAB share price of $28.85, this implies potential upside of 6% over the next 12 months before dividends.

Is the NAB share price in the Red?

In the last 12 months, the NAB share price has climbed 20% into the green. However, since starting the new year, shares have crept down and are now less than 1% in the red.

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