According to Zacks, “DNB ASA is a commercial bank which provide banking products and services to retail and corporate customers primarily in Norway and internationally. The company offers savings and investment products, loans, investment banking advisory, financing services, insurance products, foreign exchange, cash management, payments and pension services as well as cards, advisory and real estate broking services. DNB ASA is headquartered in Oslo, Norway. “
Several other research firms also recently commented on DNBBY. DNB Markets decreased their price objective on DNB Bank ASA from 248.00 to 238.00 and set a “buy” rating on the stock in a research note on Tuesday, April 5th. JPMorgan Chase & Co. decreased their price objective on DNB Bank ASA from 215.00 to 190.00 and set a “neutral” rating on the stock in a research note on Monday, March 14th. Morgan Stanley raised DNB Bank ASA from an “underweight” rating to an “equal weight” rating and raised their price objective for the stock from 203.00 to 225.00 in a research note on Wednesday. Barclays decreased their price objective on DNB Bank ASA from 186.00 to 181.00 and set an “underweight” rating on the stock in a research note on Wednesday, January 19th. Finally, Danske raised DNB Bank ASA from a “hold” rating to a “buy” rating and set a 230.00 price objective on the stock in a research note on Wednesday, January 12th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $196.80.
DNB Bank ASA (OTCMKTS:DNBBY – Get Rating) last posted its earnings results on Thursday, February 10th. The company reported $0.42 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.02. DNB Bank ASA had a return on equity of 10.10% and a net margin of 39.63%. The company had revenue of $1.68 billion for the quarter, compared to the consensus estimate of $1.57 billion. On average, research analysts anticipate that DNB Bank ASA will post 1.77 EPS for the current year.
DNB Bank ASA Company Profile (Get Rating)
DNB Bank ASA provides financial services for retail and corporate customers in Norway and internationally. The company offers personal banking products and services, including savings and investment products; loans, such as home mortgages, and car and consumer loans; pet, home and property, travel, and personal insurance products, as well as insurance products for vehicles; retirement savings products; foreign exchange and treasury activities; and Internet and mobile banking services, as well as cards.
- Get a free copy of the StockNews.com research report on DNB Bank ASA (DNBBY)
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