Nordea Bank AB (OTCMKTS:NRDBY - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $15.16 and last traded at $15.14, with a volume of 4008 shares. The stock had previously closed at $14.90.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on NRDBY shares. Kepler Capital Markets upgraded shares of Nordea Bank from a "strong sell" rating to a "hold" rating in a research note on Monday. Citigroup reissued a "buy" rating on shares of Nordea Bank in a research note on Wednesday, May 21st. Barclays cut Nordea Bank from a "strong-buy" rating to a "hold" rating in a research note on Monday, June 2nd. Finally, Nordea Equity Research lowered Nordea Bank from a "buy" rating to a "reduce" rating in a research note on Wednesday, May 21st. One analyst has rated the stock with a sell rating, two have given a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy".
View Our Latest Stock Analysis on NRDBY
Nordea Bank Trading Down 0.4%
The business's 50 day moving average price is $14.48 and its two-hundred day moving average price is $13.19. The company has a market capitalization of $52.78 billion, a price-to-earnings ratio of 10.14, a P/E/G ratio of 5.70 and a beta of 0.69. The company has a current ratio of 1.24, a quick ratio of 1.24 and a debt-to-equity ratio of 6.80.
Nordea Bank (OTCMKTS:NRDBY - Get Free Report) last issued its 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 for the quarter. Nordea Bank had a net margin of 20.13% and a return on equity of 15.76%. On average, equities analysts predict that Nordea Bank AB will post 1.4 earnings per share for the current fiscal 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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