Nordea Bank AB (OTCMKTS:NRBAY) was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday.

A number of other research analysts have also recently commented on the company. Zacks Investment Research cut Nordea Bank AB from a “buy” rating to a “hold” rating in a research note on Thursday, July 28th. Credit Suisse Group AG raised Nordea Bank AB from a “neutral” rating to an “outperform” rating in a research note on Monday, July 18th. Finally, JPMorgan Chase & Co. cut Nordea Bank AB from an “overweight” rating to a “neutral” rating in a research note on Thursday, June 23rd. One research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $9.75.

Analyst Recommendations for Nordea Bank AB (OTCMKTS:NRBAY)

Shares of Nordea Bank AB (OTCMKTS:NRBAY) traded down 0.80% on Thursday, reaching $9.93. The company’s stock had a trading volume of 610 shares. The firm has a market capitalization of $39.67 billion, a PE ratio of 10.67 and a beta of 0.89. The firm has a 50-day moving average price of $9.89 and a 200 day moving average price of $9.36. Nordea Bank AB has a one year low of $7.76 and a one year high of $11.97.

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