NORDEA Bk AB SW/S (NRDBY) Lowered to Hold at Barclays

Barclays lowered shares of NORDEA Bk AB SW/S (OTCMKTS:NRDBY) to a hold rating in a research report sent to investors on Friday morning, TipRanks reports.

Separately, Zacks Investment Research upgraded NORDEA Bk AB SW/S from a sell rating to a hold rating in a report on Tuesday, March 12th.

NRDBY traded down $0.05 during trading on Friday, reaching $7.40. 133,194 shares of the company’s stock were exchanged, compared to its average volume of 239,316. NORDEA Bk AB SW/S has a one year low of $7.39 and a one year high of $13.30. The company has a debt-to-equity ratio of 6.07, a current ratio of 1.57 and a quick ratio of 1.57. The firm has a market capitalization of $29.97 billion, a price-to-earnings ratio of 8.22 and a beta of 0.80.


Nordea Bank Abp provides various banking products and services for personal customers, small and medium businesses, and corporates and financial institutions in Europe. It operates through Personal Banking, Commercial & Business Banking, Wholesale Banking, and Wealth Management segments. It offers personal banking products comprising corporate and household deposits; and household mortgage and consumer loans, as well as loans to corporates.

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