Nordea Bank AB (NRBAY) Receives Consensus Rating of “Hold” from Analysts
Nordea Bank AB (OTCMKTS:NRBAY) has been given a consensus recommendation of “Hold” by the seven analysts that are covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company.
A number of research firms have recently commented on NRBAY. UBS AG lowered shares of Nordea Bank AB from a “buy” rating to a “neutral” rating in a research report on Thursday, October 12th. Zacks Investment Research lowered shares of Nordea Bank AB from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Credit Suisse Group lowered shares of Nordea Bank AB from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. Nordea Equity Research upgraded shares of Nordea Bank AB to a “hold” rating in a research report on Wednesday, November 15th. Finally, Deutsche Bank AG upgraded shares of Nordea Bank AB from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th.
Nordea Bank AB (OTCMKTS NRBAY) opened at $11.45 on Tuesday. The company has a debt-to-equity ratio of 6.20, a current ratio of 1.41 and a quick ratio of 1.41. Nordea Bank AB has a 1 year low of $10.29 and a 1 year high of $13.87. The company has a market cap of $47,040.19, a P/E ratio of 12.23 and a beta of 0.73.
About Nordea Bank AB
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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