Nordea Bank AB (OTCMKTS:NRDBY - Get Free Report) hit a new 52-week high on Friday . The stock traded as high as $14.94 and last traded at $14.91, with a volume of 46996 shares. The stock had previously closed at $14.62.
Analyst Ratings Changes
Several brokerages recently commented on NRDBY. Barclays lowered shares of 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 report on Wednesday, May 21st. Morgan Stanley reiterated an "overweight" rating on shares of Nordea Bank in a research note on Friday, March 7th. Kepler Capital Markets downgraded shares of Nordea Bank from a "strong-buy" rating to a "strong sell" rating in a report on Wednesday, May 21st. Finally, Citigroup reissued a "buy" rating on shares of Nordea Bank in a research note on Wednesday, May 21st. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".
Check Out Our Latest Research Report on Nordea Bank
Nordea Bank Price Performance
The company has a market cap of $52.12 billion, a PE ratio of 10.01, a PEG ratio of 4.39 and a beta of 0.70. The company has a debt-to-equity ratio of 6.80, a quick ratio of 1.24 and a current ratio of 1.24. The company's 50-day simple moving average is $14.21 and its 200 day simple moving average is $12.95.
Nordea Bank (OTCMKTS:NRDBY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 16th. The company reported $0.36 earnings per share for the quarter. The firm had revenue of $3.13 billion during the quarter. Nordea Bank had a net margin of 20.13% and a return on equity of 15.76%. On average, sell-side analysts predict that Nordea Bank AB will post 1.4 earnings per share for the current fiscal 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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