Dnb Asa (OTCMKTS:DNHBY) Stock Rating Reaffirmed by Berenberg Bank
Dnb Asa (OTCMKTS:DNHBY)‘s stock had its “buy” rating reaffirmed by research analysts at Berenberg Bank in a research note issued to investors on Tuesday, The Fly reports.
DNHBY has been the topic of a number of other research reports. Barclays restated an “underweight” rating on shares of Dnb Asa in a report on Monday, April 12th. Morgan Stanley restated an “equal weight” rating on shares of Dnb Asa in a report on Monday, April 26th. UBS Group restated a “sell” rating on shares of Dnb Asa in a report on Monday. Credit Suisse Group cut Dnb Asa from an “outperform” rating to a “neutral” rating in a report on Wednesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Dnb Asa in a report on Wednesday, April 14th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.00.
Dnb Asa stock traded up $0.26 during mid-day trading on Tuesday, hitting $21.90. The stock had a trading volume of 30,435 shares, compared to its average volume of 167,015. The stock has a 50-day simple moving average of $21.69 and a two-hundred day simple moving average of $19.27. The stock has a market capitalization of $33.95 billion, a PE ratio of 16.72 and a beta of 1.56. Dnb Asa has a 12 month low of $10.77 and a 12 month high of $22.62. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 3.82.
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.
Read More: Trade War
Receive News & Ratings for Dnb Asa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dnb Asa and related companies with MarketBeat.com's FREE daily email newsletter.