Nordea Bank Ab Spon (NRBAY) Receives Consensus Recommendation of “Strong Buy” from Analysts

Nordea Bank Ab Spon (NASDAQ:NRBAY) has earned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Zacks has also assigned Nordea Bank Ab Spon an industry rank of 101 out of 265 based on the ratings given to its competitors.

A number of brokerages have recently issued reports on NRBAY. Zacks Investment Research cut Nordea Bank Ab Spon from a “buy” rating to a “hold” rating in a report on Tuesday, April 11th. Deutsche Bank AG cut Nordea Bank Ab Spon from a “buy” rating to a “hold” rating in a report on Friday, January 27th. Jefferies Group LLC raised Nordea Bank Ab Spon from a “hold” rating to a “buy” rating in a report on Monday, February 6th. Finally, Royal Bank of Canada upgraded Nordea Bank Ab Spon from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, January 24th.

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Shares of Nordea Bank Ab Spon (NASDAQ:NRBAY) traded up 0.24% on Monday, hitting $12.61. The stock had a trading volume of 4,789 shares. Nordea Bank Ab Spon has a 1-year low of $7.76 and a 1-year high of $12.88. The stock has a market cap of $50.93 billion and a P/E ratio of 12.11. The firm’s 50-day moving average is $11.68 and its 200 day moving average is $11.35.

5 Day Chart for NASDAQ:NRBAY

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