Nordea Bank AB (OTCMKTS:NRDBY - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $14.94 and last traded at $14.91, with a volume of 46996 shares traded. The stock had previously closed at $14.62.
Analyst Upgrades and Downgrades
A number of research analysts have recently commented on NRDBY shares. Kepler Capital Markets lowered shares of Nordea Bank from a "strong-buy" rating to a "strong sell" rating in a research report on Wednesday, May 21st. Morgan Stanley reiterated an "overweight" rating on shares of Nordea Bank in a research report on Friday, March 7th. Barclays cut Nordea Bank from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 2nd. Nordea Equity Research cut Nordea Bank from a "buy" rating to a "reduce" rating in a research report on Wednesday, May 21st. Finally, Citigroup reissued a "buy" rating on shares of Nordea Bank in a report on Wednesday, May 21st. Two equities research 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 stock. According to MarketBeat, Nordea Bank currently has a consensus rating of "Hold".
Check Out Our Latest Research Report on NRDBY
Nordea Bank Price Performance
The company has a 50-day moving average of $14.25 and a 200 day moving average of $13.00. 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 firm has a market cap of $51.81 billion, a P/E ratio of 9.95, a P/E/G ratio of 4.51 and a beta of 0.70.
Nordea Bank (OTCMKTS:NRDBY - Get Free Report) last released its quarterly earnings data on Wednesday, April 16th. The company reported $0.36 earnings per share (EPS) for the quarter. Nordea Bank had a return on equity of 15.76% and a net margin of 20.13%. The firm had revenue of $3.13 billion during the quarter. On average, sell-side analysts anticipate that Nordea Bank AB will post 1.4 EPS for the current year.
Nordea Bank Company Profile
(
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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