Shares of Nordea Bank AB (OTCMKTS:NRDBY - Get Free Report) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $15.03 and last traded at $15.01, with a volume of 8204 shares traded. The stock had previously closed at $14.80.
Wall Street Analyst Weigh In
Several research firms have recently commented on NRDBY. Barclays downgraded Nordea Bank from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 2nd. Nordea Equity Research downgraded Nordea Bank from a "buy" rating to a "reduce" rating in a research note on Wednesday, May 21st. Kepler Capital Markets lowered Nordea Bank from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, May 21st. Morgan Stanley reissued an "overweight" rating on shares of Nordea Bank in a report on Friday, March 7th. Finally, Citigroup reissued a "buy" rating on shares of Nordea Bank in a research report on Wednesday, May 21st. Two investment analysts have rated the stock with a sell rating, one has given a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Hold".
Get Our Latest Stock Analysis on NRDBY
Nordea Bank Price Performance
The company has a quick ratio of 1.24, a current ratio of 1.24 and a debt-to-equity ratio of 6.80. The company's fifty day moving average price is $14.38 and its 200 day moving average price is $13.07. The company has a market capitalization of $52.05 billion, a P/E ratio of 10.00, a PEG ratio of 4.43 and a beta of 0.69.
Nordea Bank (OTCMKTS:NRDBY - Get Free Report) last released its earnings results on Wednesday, April 16th. The company reported $0.36 EPS for the quarter. The firm had revenue of $3.13 billion for the quarter. Nordea Bank had a net margin of 20.13% and a return on equity of 15.76%. As a group, sell-side analysts forecast that Nordea Bank AB will post 1.4 EPS for the current year.
Nordea Bank Company Profile
(
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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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