Barclays lowered shares of Nordea Bank Abp (OTCMKTS:NRDBY - Free Report) from a strong-buy rating to a hold rating in a research report report published on Monday,Zacks.com reports.
Other research analysts also recently issued reports about the company. Nordea Equity Research downgraded Nordea Bank Abp from a "buy" rating to a "reduce" rating in a research note on Wednesday, May 21st. Citigroup reissued a "buy" rating on shares of Nordea Bank Abp in a report on Wednesday, May 21st. Morgan Stanley reaffirmed an "overweight" rating on shares of Nordea Bank Abp in a research note on Friday, March 7th. Finally, Kepler Capital Markets downgraded shares of Nordea Bank Abp from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, May 21st. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold".
Read Our Latest Analysis on Nordea Bank Abp
Nordea Bank Abp Price Performance
Shares of NRDBY traded down $0.07 during mid-day trading on Monday, reaching $14.55. The stock had a trading volume of 295,746 shares, compared to its average volume of 413,966. The company has a debt-to-equity ratio of 6.03, a quick ratio of 1.29 and a current ratio of 1.27. Nordea Bank Abp has a 12 month low of $10.30 and a 12 month high of $14.87. The business has a fifty day moving average of $13.55 and a 200 day moving average of $12.65. The firm has a market cap of $50.64 billion, a price-to-earnings ratio of 9.39, a PEG ratio of 0.88 and a beta of 0.72.
Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last announced its quarterly earnings data on Wednesday, April 16th. The company reported $0.36 EPS for the quarter. Nordea Bank Abp had a return on equity of 16.29% and a net margin of 19.84%. The business had revenue of $3.13 billion for the quarter. Equities analysts predict that Nordea Bank Abp will post 1.4 EPS for the current year.
About Nordea Bank Abp
(
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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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