Nordea Bank (OTCMKTS:NRBAY)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Group in a research note issued on Thursday, Marketbeat reports. Jefferies Group also issued estimates for Nordea Bank’s Q4 2017 earnings at $0.22 EPS and FY2020 earnings at $1.06 EPS.
Other analysts have also recently issued reports about the company. Deutsche Bank raised Nordea Bank from a “sell” rating to a “hold” rating in a research report on Wednesday, November 15th. UBS Group lowered shares of Nordea Bank from a “buy” rating to a “neutral” rating in a report on Thursday, October 12th. Nordea Equity Research upgraded shares of Nordea Bank to a “hold” rating in a report on Wednesday, November 15th. Credit Suisse Group lowered shares of Nordea Bank from an “outperform” rating to a “neutral” rating in a report on Friday, October 27th. Finally, Zacks Investment Research lowered shares of Nordea Bank from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 3rd. Six research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold”.
Shares of Nordea Bank (NRBAY) traded down $0.10 during trading hours on Thursday, hitting $12.47. The stock had a trading volume of 799,780 shares, compared to its average volume of 179,838. Nordea Bank has a 52-week low of $11.05 and a 52-week high of $13.87. The company has a market capitalization of $50,503.50, a PE ratio of 13.13 and a beta of 0.71. The company has a quick ratio of 1.45, a current 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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