Nordea Bank AB (NRBAY) Upgraded by Deutsche Bank AG to Hold

Deutsche Bank AG upgraded shares of Nordea Bank AB (OTCMKTS:NRBAY) from a sell rating to a hold rating in a research report released on Wednesday.

NRBAY has been the subject of a number of other research reports. UBS AG downgraded shares of Nordea Bank AB from a buy rating to a neutral rating in a report on Thursday, October 12th. Credit Suisse Group downgraded shares of Nordea Bank AB from an outperform rating to a neutral rating in a report on Friday, October 27th. Zacks Investment Research downgraded shares of Nordea Bank AB from a strong-buy rating to a hold rating in a report on Tuesday, October 3rd. Finally, Nordea Equity Research raised shares of Nordea Bank AB to a hold rating in a report on Wednesday. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of Hold.

Nordea Bank AB (OTCMKTS NRBAY) traded down $0.04 during trading on Wednesday, reaching $11.74. 98,788 shares of the company’s stock were exchanged, compared to its average volume of 68,917. The firm has a market capitalization of $47,670.00, a P/E ratio of 12.37 and a beta of 0.87. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 6.20. Nordea Bank AB has a 1 year low of $10.29 and a 1 year high of $13.87.

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About Nordea Bank AB

Nordea Bank AB (publ) provides various banking products and services to individuals, and corporate and institutional customers. It operates through Personal Banking, Commercial & Business Banking, Wholesale Banking, and Wealth Management segments. The company offers deposits, cards, lending products, and net banking services; cash management services; trade and project finance services; asset based financing through leasing, hire purchase, and factoring; and investment, savings, and risk management products, as well as finance products to partners, such as vendors, dealers, and retailers.

Analyst Recommendations for Nordea Bank AB (OTCMKTS:NRBAY)

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