Dnb Asa (OTCMKTS:DNHBY)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a research report issued to clients and investors on Tuesday, The Fly reports.
Several other equities analysts have also commented on the stock. Barclays restated an “underweight” rating on shares of Dnb Asa in a research report on Monday, April 12th. Zacks Investment Research downgraded shares of Dnb Asa from a “buy” rating to a “hold” rating in a report on Tuesday, April 20th. Keefe, Bruyette & Woods raised shares of Dnb Asa from an “underperform” rating to a “market perform” rating in a report on Monday, February 22nd. Morgan Stanley reaffirmed an “equal weight” rating on shares of Dnb Asa in a report on Monday, April 26th. Finally, UBS Group reaffirmed a “sell” rating on shares of Dnb Asa in a report on Monday. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $24.00.
DNHBY stock traded up $0.26 during trading on Tuesday, hitting $21.90. 30,435 shares of the company’s stock traded hands, compared to its average volume of 167,015. The company has a quick ratio of 1.95, a current ratio of 1.95 and a debt-to-equity ratio of 3.82. Dnb Asa has a 52 week low of $10.77 and a 52 week high of $22.62. The stock has a fifty day moving average price of $21.69 and a two-hundred day moving average price of $19.27. The stock has a market capitalization of $33.95 billion, a price-to-earnings ratio of 16.72 and a beta of 1.56.
DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. The company offers savings and investment products, including saving accounts, investment accounts, home savings products, equities, retirement savings, fixed rate deposits, exchange traded products, bonds and commercial papers, mutual funds, and asset management services; and loans, such as home mortgages, car and consumer loans, trade finance, and export financing, as well as overdraft facilities, bank guarantees, and leasing and factoring services.
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