Nordea Bank Ab Spon (NASDAQ:NRBAY) was downgraded by stock analysts at UBS AG from a “buy” rating to a “neutral” rating in a research report issued on Thursday.

Separately, Zacks Investment Research cut shares of Nordea Bank Ab Spon from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Nordea Bank Ab Spon presently has a consensus rating of “Hold”.

Nordea Bank Ab Spon (NRBAY) traded down 2.358% during trading on Thursday, hitting $13.455. 98,594 shares of the stock were exchanged. Nordea Bank Ab Spon has a 12-month low of $9.90 and a 12-month high of $13.87. The firm has a market cap of $54.32 billion and a PE ratio of 12.729. The stock’s 50-day moving average price is $13.33 and its 200-day moving average price is $12.74.

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