Nordea Bank AB (OTCMKTS:NRDBY) Given Average Rating of "Hold" by Analysts

Key Points

• Analyst consensus: Hold. Seven analysts cover Nordea (OTCMKTS:NRDBY) with a split of 1 sell, 3 holds, 2 buys and 1 strong buy, and notable changes include Goldman Sachs downgrading from strong-buy to hold and Zacks hiking from strong-sell to hold.
• Earnings mixed: Nordea beat EPS estimates ($0.40 vs. $0.37) but missed revenue expectations ($3.12B vs. $3.42B), while reporting a ROE of 15.6% and a net margin of 22.4%.
• Valuation and price action: The stock trades with a market cap of $55.9B, a P/E of 10.35, a 12‑month range of $11.07–$20.61 and a beta of 0.62, with 50- and 200-day moving averages near $19.09 and $18.06 respectively.

Nordea Bank AB (OTCMKTS:NRDBY - Get Free Report) has earned an average rating of "Hold" from the seven ratings firms that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has given a strong buy rating to the company.

NRDBY has been the subject of a number of analyst reports. The Goldman Sachs Group downgraded Nordea Bank from a "strong-buy" rating to a "hold" rating in a research report on Thursday, December 4th. Zacks Research upgraded Nordea Bank from a "strong sell" rating to a "hold" rating in a report on Thursday, February 12th. Barclays reissued an "underweight" rating on shares of Nordea Bank in a research report on Wednesday, December 10th. Nordea Equity Research lowered shares of Nordea Bank from a "buy" rating to a "neutral" rating in a report on Thursday, December 4th. Finally, Citigroup reaffirmed a "buy" rating on shares of Nordea Bank in a research note on Thursday, January 15th.

Nordea Bank Stock Performance

Shares of Nordea Bank stock opened at $16.36 on Friday. The stock has a market cap of $55.92 billion, a price-to-earnings ratio of 10.35, a P/E/G ratio of 1.76 and a beta of 0.62. Nordea Bank has a twelve month low of $11.07 and a twelve month high of $20.61. The company's fifty day moving average is $19.09 and its 200 day moving average is $18.06. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 6.33.

Nordea Bank (OTCMKTS:NRDBY - Get Free Report) last announced its earnings results on Thursday, January 29th. The company reported $0.40 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.03. Nordea Bank had a return on equity of 15.61% and a net margin of 22.36%.The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.42 billion. Sell-side analysts forecast that Nordea Bank will post 1.4 EPS for the current year.

Nordea Bank Company Profile

Nordea Bank is a leading financial services group focused on serving retail, corporate and institutional customers across the Nordic region. The bank's core activities include retail and commercial banking, corporate and institutional banking, asset and wealth management, and related financial services such as payments, cash management and trade finance. Nordea delivers these services through branch and digital channels, aiming to provide integrated banking solutions for everyday consumers, small and medium enterprises, and large corporations.

Product offerings span deposit and lending products including mortgages and consumer loans, transaction banking and treasury services for corporate clients, investment and pension solutions through its asset management businesses, and wealth management services for private clients.

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