Credit Suisse analyst Omar Keenan maintained a Hold rating on Nordea Bank Abp (NBNKF – Research Report) today and set a price target of €12.20. The company’s shares closed last Monday at $10.65.
Keenan covers the Financial sector, focusing on stocks such as Nordea Bank Abp, NatWest Group, and Standard Chartered. According to TipRanks, Keenan has an average return of -2.0% and a 42.42% success rate on recommended stocks.
Nordea Bank Abp has an analyst consensus of Moderate Buy, with a price target consensus of $36.12.
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NBNKF market cap is currently $41.47B and has a P/E ratio of 8.47.
Based on the recent corporate insider activity of 17 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of NBNKF in relation to earlier this year.
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Nordea Bank Abp provides full-services banking services. It operates through the following segments: Personal Banking, Commercial & Business Banking, Wholesale Banking, and Asset & Wealth Management. The Personal Banking segment offers household customers a full range of financial services and solutions through digital and other channels. The Commercial & Business Banking segment serves, advices and partners with small, medium and large corporate customers. The Wholesale Banking segment provides financing, cash management, and payment services, investment banking, capital markets products, and securities services to large corporate and institutional customers. The Asset & Wealth Management segment offers investment, savings, and pensions solutions to individuals and institutional investors. The company was founded in 1820 and is headquartered in Helsinki, Finland.
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