Nordea Bank AB (OTCMKTS:NRBAY) was upgraded by Citigroup Inc. from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Thursday.
Other analysts have also issued research reports about the stock. Zacks Investment Research raised shares of Nordea Bank AB from a “hold” rating to a “buy” rating and set a $9.75 price target on the stock in a research report on Wednesday, July 27th. JPMorgan Chase & Co. lowered shares of Nordea Bank AB from an “overweight” rating to a “neutral” rating in a research report on Thursday, June 23rd. Finally, Credit Suisse Group AG raised shares of Nordea Bank AB from a “neutral” rating to an “outperform” rating in a research report on Monday, July 18th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $9.75.
Shares of Nordea Bank AB (OTCMKTS:NRBAY) traded down 0.80% during mid-day trading on Thursday, reaching $9.93. The company’s stock had a trading volume of 610 shares. The stock has a market cap of $39.67 billion, a P/E ratio of 10.67 and a beta of 0.89. The stock has a 50 day moving average of $9.89 and a 200-day moving average of $9.36. Nordea Bank AB has a one year low of $7.76 and a one year high of $11.97.
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