Dnb Asa (OTCMKTS:DNHBY) Earns “Buy” Rating from Berenberg Bank

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Dnb Asa (OTCMKTS:DNHBY)‘s stock had its “buy” rating reiterated by research analysts at Berenberg Bank in a note issued to investors on Tuesday, The Fly reports.

DNHBY has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Dnb Asa in a research report on Wednesday, April 14th. UBS Group restated a “sell” rating on shares of Dnb Asa in a research report on Monday. Morgan Stanley restated an “equal weight” rating on shares of Dnb Asa in a research report on Monday, April 26th. Zacks Investment Research lowered Dnb Asa from a “buy” rating to a “hold” rating in a research report on Tuesday, April 20th. Finally, Keefe, Bruyette & Woods upgraded Dnb Asa from an “underperform” rating to a “market perform” rating in a research report on Monday, February 22nd. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $24.00.

Shares of DNHBY stock traded up $0.26 during trading hours on Tuesday, reaching $21.90. The company’s stock had a trading volume of 30,435 shares, compared to its average volume of 167,015. The stock has a market capitalization of $33.95 billion, a P/E ratio of 16.72 and a beta of 1.56. Dnb Asa has a one year low of $10.77 and a one year high of $22.62. The firm’s fifty day simple moving average is $21.69 and its 200 day simple moving average is $19.27. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 3.82.

About Dnb Asa

DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. The company offers savings and investment products, including saving accounts, investment accounts, home savings products, equities, retirement savings, fixed rate deposits, exchange traded products, bonds and commercial papers, mutual funds, and asset management services; and loans, such as home mortgages, car and consumer loans, trade finance, and export financing, as well as overdraft facilities, bank guarantees, and leasing and factoring services.

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Analyst Recommendations for Dnb Asa (OTCMKTS:DNHBY)

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