Nordea Bank AB (OTCMKTS:NRBAY) was upgraded by equities research analysts at Nordea Equity Research to a “hold” rating in a research note issued to investors on Wednesday, The Fly reports.

Other equities research analysts have also recently issued reports about the company. Zacks Investment Research cut Nordea Bank AB from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Credit Suisse Group cut Nordea Bank AB from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. Finally, UBS AG cut Nordea Bank AB from a “buy” rating to a “neutral” rating in a report on Thursday, October 12th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold”.

Shares of Nordea Bank AB (NRBAY) traded down $0.12 during mid-day trading on Wednesday, hitting $11.62. The stock had a trading volume of 96,600 shares, compared to its average volume of 86,796. Nordea Bank AB has a 1 year low of $10.29 and a 1 year high of $13.87. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 6.20. The company has a market capitalization of $47,040.19, a PE ratio of 12.23 and a beta of 0.73.

WARNING: “Nordea Bank AB (NRBAY) Upgraded at Nordea Equity Research” was published by American Banking News and is the sole property of of American Banking News. If you are reading this article on another publication, it was stolen and reposted in violation of United States & international copyright laws. The correct version of this article can be viewed at https://www.americanbankingnews.com/2017/11/19/nordea-bank-ab-nrbay-upgraded-at-nordea-equity-research.html.

About Nordea Bank AB

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.

The Fly

Analyst Recommendations for Nordea Bank AB (OTCMKTS:NRBAY)

Receive News & Ratings for Nordea Bank AB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nordea Bank AB and related companies with MarketBeat.com's FREE daily email newsletter.