Nordea Bank Ab (NRBAY) Given Average Rating of “Hold” by Analysts
Shares of Nordea Bank Ab (OTCMKTS:NRBAY) have received a consensus rating of “Hold” from the seven research firms that are presently covering the company, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.
A number of equities research analysts have recently issued reports on the company. Zacks Investment Research lowered Nordea Bank from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Nordea Equity Research raised Nordea Bank to a “hold” rating in a research report on Wednesday, November 15th. Credit Suisse Group lowered Nordea Bank from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. UBS Group lowered Nordea Bank from a “buy” rating to a “neutral” rating in a research report on Thursday, October 12th. Finally, Deutsche Bank raised Nordea Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th.
Shares of Nordea Bank (OTCMKTS NRBAY) traded down $0.02 during trading on Wednesday, hitting $12.71. The stock had a trading volume of 97,500 shares, compared to its average volume of 159,176. The firm has a market capitalization of $51,540.00, a price-to-earnings ratio of 13.38 and a beta of 0.85. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 5.94. Nordea Bank has a 12 month low of $11.05 and a 12 month high of $13.87.
About Nordea Bank
Nordea Bank AB (publ) provides various banking products and services to individuals, and corporate and institutional customers. It operates through Personal Banking, Commercial & Business Banking, Wholesale Banking, and Wealth Management segments. The company offers deposits, cards, lending products, and net banking services; cash management services; trade and project finance services; asset based financing through leasing, hire purchase, and factoring; and investment, savings, and risk management products, as well as finance products to partners, such as vendors, dealers, and retailers.
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