Nordea Bank’s (NRBAY) “Hold” Rating Reaffirmed at Jefferies Group

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 (OTCMKTS:NRBAY) last released its earnings results on Thursday, October 26th. The financial services provider reported $0.24 earnings per share for the quarter. Nordea Bank had a net margin of 29.32% and a return on equity of 10.93%.

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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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