Nordea Bank AB (OTCMKTS:NRDBY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $16.86 and last traded at $16.80, with a volume of 170534 shares. The stock had previously closed at $16.70.
Wall Street Analyst Weigh In
NRDBY has been the topic of a number of research reports. Morgan Stanley reaffirmed an "overweight" rating on shares of Nordea Bank in a report on Tuesday, September 2nd. Kepler Capital Markets upgraded shares of Nordea Bank from a "strong sell" rating to a "hold" rating in a research report on Monday, July 7th. Finally, Barclays lowered shares of Nordea Bank from a "hold" rating to a "strong sell" rating in a research report on Thursday, August 21st. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Nordea Bank presently has a consensus rating of "Hold".
Read Our Latest Stock Report on NRDBY
Nordea Bank Trading Up 0.6%
The company has a market capitalization of $58.09 billion, a PE ratio of 11.20, a price-to-earnings-growth ratio of 3.33 and a beta of 0.67. The stock's fifty day moving average price is $15.62 and its two-hundred day moving average price is $14.51. The company has a quick ratio of 1.26, a current ratio of 1.26 and a debt-to-equity ratio of 6.60.
Nordea Bank (OTCMKTS:NRDBY - Get Free Report) last announced its earnings results on Thursday, July 17th. The company reported $0.40 earnings per share for the quarter. Nordea Bank had a net margin of 20.63% and a return on equity of 15.50%. The business had revenue of $3.30 billion during the quarter. Sell-side analysts anticipate that Nordea Bank AB will post 1.4 earnings per share for the current year.
About Nordea Bank
(
Get Free Report)
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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