In a report released today, Marlene Eibensteiner from Deutsche Bank maintained a Buy rating on Nordea Bank Abp, with a price target of €16.00. The company’s shares closed last Wednesday at $16.20.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Eibensteiner covers the Financial sector, focusing on stocks such as Nordea Bank Abp, Danske Bank, and Skandinaviska Enskilda Banken AB. According to TipRanks, Eibensteiner has an average return of 38.2% and a 95.83% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Nordea Bank Abp with a $17.17 average price target, a 6.00% upside from current levels. In a report released yesterday, Goldman Sachs also maintained a Buy rating on the stock with a €15.00 price target.
NBNKF market cap is currently $56.38B and has a P/E ratio of 10.89.
Based on the recent corporate insider activity of 19 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.
Read More on NBNKF:
/Cisco%20Systems%2C%20Inc_%20magnified%20logo-by%20Pavel%20Kapysh%20via%20Shutterstock.jpg)
/NVIDIA%20Corp%20logo%20on%20phone%20and%20AI%20chip-by%20Below%20the%20Sky%20via%20Shutterstock.jpg)
