Nordea Bank Abp (OTCMKTS:NRDBY) Given New €11.50 Price Target at Deutsche Bank Aktiengesellschaft

Nordea Bank Abp (OTCMKTS:NRDBYGet Rating) had its price objective decreased by Deutsche Bank Aktiengesellschaft from €11.90 ($12.27) to €11.50 ($11.86) in a research note published on Monday morning, The Fly reports. Deutsche Bank Aktiengesellschaft currently has a buy rating on the stock.

NRDBY has been the subject of several other research reports. Morgan Stanley lifted their price target on Nordea Bank Abp from SEK 113 to SEK 118 and gave the stock an equal weight rating in a research report on Tuesday, May 3rd. Societe Generale raised Nordea Bank Abp from a hold rating to a buy rating and set a €10.70 ($11.03) price target for the company in a research report on Friday, May 27th. Credit Suisse Group lifted their price target on Nordea Bank Abp from €9.20 ($9.48) to €9.60 ($9.90) in a research report on Tuesday, July 19th. JPMorgan Chase & Co. lifted their price target on Nordea Bank Abp from SEK 125 to SEK 130 in a research report on Tuesday, July 19th. Finally, Barclays lowered their price target on Nordea Bank Abp from SEK 11.40 to SEK 9.80 and set an equal weight rating for the company in a research report on Tuesday, July 5th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, Nordea Bank Abp has a consensus rating of Moderate Buy and an average price target of $68.95.

Nordea Bank Abp Stock Performance

Shares of Nordea Bank Abp stock opened at $9.84 on Monday. The company has a current ratio of 1.38, a quick ratio of 1.38 and a debt-to-equity ratio of 6.46. The firm has a market capitalization of $36.93 billion, a P/E ratio of 10.25, a P/E/G ratio of 2.43 and a beta of 1.10. The business has a fifty day simple moving average of $9.46 and a two-hundred day simple moving average of $10.33. Nordea Bank Abp has a 12 month low of $8.33 and a 12 month high of $13.29.

Nordea Bank Abp Company Profile

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Nordea Bank Abp offers banking products and services in Sweden, Finland, Norway, Denmark, and internationally. It operates through Personal Banking, Business Banking, Large Corporates and Institutions, and Asset and Wealth Management segments. The Personal Banking segment provides various financial services to household customers through internet and mobile banking, over the phone, online meetings, and branch offices.

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