Nordea Bank Abp (OTCMKTS:NRDBY) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six research firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, three have assigned a buy rating and one has given a strong buy rating to the company.

A number of brokerages have issued reports on NRDBY. Kepler Capital Markets lowered Nordea Bank Abp from a "strong-buy" rating to a "strong sell" rating in a research note on Wednesday, May 21st. Citigroup reaffirmed a "buy" rating on shares of Nordea Bank Abp in a report on Wednesday, May 21st. Barclays reissued an "overweight" rating on shares of Nordea Bank Abp in a report on Monday, February 3rd. Nordea Equity Research lowered shares of Nordea Bank Abp from a "buy" rating to a "reduce" rating in a research report on Wednesday, May 21st. Finally, Morgan Stanley reaffirmed an "overweight" rating on shares of Nordea Bank Abp in a research note on Friday, March 7th.

Nordea Bank Abp Stock Performance

OTCMKTS:NRDBY traded up $0.12 during trading hours on Friday, reaching $14.51. The company had a trading volume of 234,907 shares, compared to its average volume of 421,170. The firm has a market cap of $50.50 billion, a price-to-earnings ratio of 9.36, a PEG ratio of 0.88 and a beta of 0.72. The company has a current ratio of 1.27, a quick ratio of 1.29 and a debt-to-equity ratio of 6.03. The firm's 50 day moving average price is $13.32 and its 200-day moving average price is $12.48. Nordea Bank Abp has a 52 week low of $10.30 and a 52 week high of $14.87.

Nordea Bank Abp (OTCMKTS:NRDBY - Get Free Report) last issued its quarterly earnings data on Wednesday, April 16th. The company reported $0.36 earnings per share (EPS) for the quarter. Nordea Bank Abp had a net margin of 19.84% and a return on equity of 16.29%. The firm had revenue of $3.13 billion during the quarter. On average, analysts forecast that Nordea Bank Abp will post 1.4 EPS for the current year.

About Nordea Bank Abp

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.