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Shares of Nordea Bank Ab (NASDAQ:NRBAY) have been given an average recommendation of “Hold” by the eight ratings firms that are covering the company, Analyst RN reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has issued a buy recommendation on the company.

Separately, analysts at Nordea Equity Research downgraded shares of Nordea Bank Ab from a “neutral” rating to an “underperform” rating in a research note on Thursday.

Shares of Nordea Bank Ab (NASDAQ:NRBAY) traded up 1.01% during mid-day trading on Friday, hitting $13.00. 1,750 shares of the company’s stock traded hands. Nordea Bank Ab has a one year low of $11.65 and a one year high of $15.02. The stock’s 50-day moving average is $13.37 and its 200-day moving average is $13.97. The company has a market cap of $52.332 billion and a price-to-earnings ratio of 12.86.

Nordea Bank Ab (NASDAQ:NRBAY) last released its earnings data on Thursday, July 17th. The company reported $0.24 EPS for the quarter.

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