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

Shares of Nordea Bank AB (OTCMKTS:NRDBY - Get Free Report) have received an average rating of "Moderate Buy" from the six analysts that are currently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, two have given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company.

Several analysts recently issued reports on the company. Barclays downgraded Nordea Bank from a "strong-buy" rating to a "hold" rating in a report on Monday, June 2nd. Kepler Capital Markets upgraded Nordea Bank from a "strong sell" rating to a "hold" rating in a report on Monday, July 7th. Nordea Equity Research lowered Nordea Bank from a "buy" rating to a "reduce" rating in a research report on Wednesday, May 21st. Finally, Citigroup reaffirmed a "buy" rating on shares of Nordea Bank in a research report on Wednesday, May 21st.

Nordea Bank Price Performance

NRDBY stock opened at $14.82 on Friday. The company has a market cap of $51.43 billion, a PE ratio of 9.88, a price-to-earnings-growth ratio of 5.81 and a beta of 0.69. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 6.80. The stock has a 50-day moving average price of $14.52 and a two-hundred day moving average price of $13.25. Nordea Bank has a 12-month low of $10.30 and a 12-month high of $15.28.

Nordea Bank (OTCMKTS:NRDBY - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The company reported $0.36 earnings per share for the quarter. The business had revenue of $3.13 billion for the quarter. Nordea Bank had a return on equity of 15.76% and a net margin of 20.13%. As a group, research analysts predict that Nordea Bank will post 1.4 EPS for the current year.

About Nordea Bank

Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates & Institutions, and Asset & Wealth Management segments. The Personal Banking segment provides various financial services to customers through mobile banking, over the phone, online meetings, and branch offices.

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