Nordea Bank (OTCMKTS:NRBAY)‘s stock had its “hold” rating restated by investment analysts at Jefferies Group in a report released on Thursday.
Other research analysts also recently issued research reports about the stock. Zacks Investment Research downgraded shares of Nordea Bank from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 3rd. Credit Suisse Group downgraded shares of Nordea Bank from an “outperform” rating to a “neutral” rating in a research report on Friday, October 27th. Nordea Equity Research raised shares of Nordea Bank to a “hold” rating in a research report on Wednesday, November 15th. UBS Group downgraded shares of Nordea Bank from a “buy” rating to a “neutral” rating in a research report on Thursday, October 12th. Finally, Deutsche Bank raised shares of Nordea Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. The stock has an average rating of “Hold”.
Nordea Bank (NRBAY) traded down $0.14 during trading on Thursday, reaching $12.60. 15,212 shares of the company were exchanged, compared to its average volume of 146,549. The company has a market capitalization of $51,273.00, a P/E ratio of 13.26 and a beta of 0.71. Nordea Bank has a 1-year low of $11.05 and a 1-year high of $13.87. 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 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.
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