Nordea Bank Ab (NRBAY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Nordea Bank Ab (OTCMKTS:NRBAY) have received an average rating of “Hold” from the seven analysts that are covering the stock, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company.

A number of brokerages have recently weighed in on NRBAY. Zacks Investment Research lowered shares of Nordea Bank from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Nordea Equity Research raised shares of Nordea Bank to a “hold” rating in a report on Wednesday, November 15th. Credit Suisse Group lowered shares of Nordea Bank from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. UBS Group lowered shares of Nordea Bank from a “buy” rating to a “neutral” rating in a report on Thursday, October 12th. Finally, Deutsche Bank raised shares of Nordea Bank from a “sell” rating to a “hold” rating in a report on Wednesday, November 15th.

Nordea Bank (NRBAY) opened at $12.40 on Wednesday. The stock has a market capitalization of $49,790.00, a price-to-earnings ratio of 13.05 and a beta of 0.85. The company has a current ratio of 1.45, a quick ratio of 1.45 and a debt-to-equity ratio of 5.94. Nordea Bank has a 12-month low of $10.79 and a 12-month high of $13.87.

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Nordea Bank Company Profile

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.

Analyst Recommendations for Nordea Bank (OTCMKTS:NRBAY)

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