In a report released today, Hugh Moorhead from Berenberg Bank maintained a Buy rating on Nordea Bank Abp (NBNKF – Research Report). The company’s shares closed last Wednesday at $12.43.
According to TipRanks, Moorhead is a 3-star analyst with an average return of 4.6% and a 55.56% success rate.
In addition to Berenberg Bank, Nordea Bank Abp also received a Buy from UBS’s Johan Ekblom in a report issued yesterday. However, today, J.P. Morgan maintained a Sell rating on Nordea Bank Abp (Other OTC: NBNKF).
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NBNKF market cap is currently $42.52B and has a P/E ratio of 7.66.
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Nordea Bank Abp (NBNKF) Company Description:
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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