In a report released today, Johan Ekblom from UBS maintained a Buy rating on Nordea Bank Abp (NBNKF – Research Report). The company’s shares closed last Monday at $11.45.
According to TipRanks, Ekblom is a 5-star analyst with an average return of 15.7% and a 69.95% success rate.
Nordea Bank Abp has an analyst consensus of Moderate Buy, with a price target consensus of $13.90, representing a 21.40% upside. In a report released on April 12, Kepler Capital also upgraded the stock to a Buy with a €13.00 price target.
NBNKF market cap is currently $39.6B and has a P/E ratio of 7.65.
Based on the recent corporate insider activity of 21 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.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on NBNKF:
- NBNKF Upcoming Earnings Report: What to Expect?
- Nordea Bank upgraded to Buy from Hold at Kepler Cheuvreux
- Nordea Bank upgraded to Outperform from Market Perform at Handelsbanken
- Nordea Bank price target lowered to EUR 12.70 from EUR 13.90 at Morgan Stanley
- Nordea Bank price target raised to EUR 13 from EUR 12.70 at Barclays
