Nordea Bank AB (OTCMKTS:NRDBY) Given Consensus Recommendation of “Hold” by Analysts

Nordea Bank AB (OTCMKTS:NRDBY) has earned a consensus rating of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company.

A number of research firms have weighed in on NRDBY. Morgan Stanley reissued an “overweight” rating on shares of Nordea Bank in a research note on Tuesday, September 2nd. Kepler Capital Markets raised Nordea Bank from a “strong sell” rating to a “hold” rating in a research note on Monday, July 7th. Finally, Barclays lowered Nordea Bank from a “hold” rating to a “strong sell” rating in a research note on Thursday, August 21st.

Nordea Bank Stock Up 0.1%

Shares of NRDBY opened at $16.48 on Thursday. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 6.60. Nordea Bank has a 12 month low of $10.30 and a 12 month high of $16.58. The stock’s 50 day moving average is $15.48 and its two-hundred day moving average is $14.45. The firm has a market cap of $56.99 billion, a P/E ratio of 10.99, a PEG ratio of 3.28 and a beta of 0.67.

Nordea Bank (OTCMKTS:NRDBY) last issued its quarterly earnings data on Thursday, July 17th. The company reported $0.40 EPS for the quarter. The company had revenue of $3.30 billion for the quarter. Nordea Bank had a return on equity of 15.50% and a net margin of 20.63%. Analysts predict that Nordea Bank will post 1.4 earnings per share for the current fiscal year.

Nordea Bank Company Profile

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.