Research Analysts Offer Predictions for DnB Nor ASA’s FY2017 Earnings (DNHBY)

DnB Nor ASA (OTCMKTS:DNHBY) – Analysts at Jefferies Group issued their FY2017 earnings estimates for shares of DnB Nor ASA in a research report issued to clients and investors on Thursday. Jefferies Group analyst K. Pillai expects that the company will post earnings per share of $1.27 for the year. Jefferies Group also issued estimates for DnB Nor ASA’s FY2018 earnings at $1.48 EPS.

Separately, Zacks Investment Research downgraded shares of DnB Nor ASA from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 2nd.

DnB Nor ASA (DNHBY) opened at $20.55 on Monday. The company has a market cap of $33,471.82, a price-to-earnings ratio of 15.69 and a beta of -0.31. The company has a debt-to-equity ratio of 3.80, a current ratio of 1.84 and a quick ratio of 1.84. DnB Nor ASA has a 1-year low of $15.37 and a 1-year high of $20.70.

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About DnB Nor ASA

DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. It operates through five segments: Personal customers, Small and Medium-Sized Enterprises, Large Corporates and International Customers, Trading, and Traditional Pension Products. The company offers savings and investment products, including saving accounts, home savings products, equities, retirement savings, fixed rate deposits, exchange traded products, bonds and commercial papers, and asset management services; and loans, such as home mortgages, car and consumer loans, installment loans, trade finance, and export financing, as well as overdraft facilities, bank guarantees, and leasing and factoring services.

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