Nordea Bank Abp (OTCMKTS: NRDBY) receives average ‘buy’ recommendation from brokerage firms
Shares of Nordea Bank Abp (OTCMKTS: NRDBY) have received an average ‘Buy’ rating from the ten rating companies that currently hedge the share, MarketBeat reports. One analyst rated the stock with a sell recommendation, two issued a hold recommendation, and seven gave the company a buy recommendation. The one-year average price target among brokers who reported on the stock in the past year is $ 63.55.
NRDBY has been the subject of a number of analyst reports. Barclays increased its price target on Nordea Bank Abp from â¬ 10.50 ($ 11.80) to â¬ 11.20 ($ 12.58) and gave the company an “equal weight” rating in a rating of looking for Monday November 1st. UBS Group raised its price target on Nordea Bank Abp from SEK 115 to SEK 120 and assigned the company a “buy” rating in a research note on Monday 25 October. Morgan Stanley increased its price target on Nordea Bank Abp from SEK 108 to SEK 111 and gave the company an “equal weight” rating in a research note on Monday, October 18. Deutsche Bank Aktiengesellschaft rated Nordea Bank Abp to a âbuyâ note in a research note on Monday 11 October. Finally, Credit Suisse Group raised its price target on Nordea Bank Abp from â¬ 11.00 ($ 12.36) to â¬ 12.00 ($ 13.48) and gave the company an “outperformance” rating. in a research note of Friday, October 22.
Shares of OTCMKTS NRDBY opened at $ 11.70 on Tuesday. Nordea Bank Abp has a one year minimum of $ 7.88 and a one year maximum of $ 13.19. The company has a leverage ratio of 5.40, a current ratio of 1.42, and a quick ratio of 1.42. The company’s fifty-day average mobile price is $ 12.30 and its 200-day average mobile price is $ 11.93. The stock has a market cap of $ 46.89 billion, a PE ratio of 11.36 and a beta of 1.14.
Nordea Bank Abp (OTCMKTS: NRDBY) last published its quarterly results on Thursday, October 21. The company reported $ 0.29 of EPS for the quarter. Nordea Bank Abp recorded a return on equity of 10.11% and a net margin of 36.84%. The company posted revenue of $ 2.76 billion for the quarter.
About Nordea Bank Abp
Nordea Bank Abp is committed to providing comprehensive banking services. It operates through the following segments: Personal Banking; Corporate banking ; Large companies and institutions; and Asset and Wealth Management. The Personal Banking segment provides residential customers with financial services and solutions through the Internet and mobile banking, telephone, online meetings and branch offices.
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