JPMorgan upgraded DNB ASA (OTCMKTS:DNBHF) from Neutral to Overweight in a report released today.
- Updated: October 7, 2016
Just yesterday DNB ASA (OTCMKTS:DNBHF) traded 0.00% even at $0.00. The company’s 50-day moving average is $12.38 and its 200-day moving average is $12.00. The last closing price is down 14.66% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Volume of trade was down over the average, with 0 shares of DNBHF changing hands under the typical 3,422
JPMorgan has upgraded DNB ASA (OTCMKTS:DNBHF) from Neutral to Overweight in a report released on 10/07/2016. They are also indicating a possible upside of 0%.
With a total market value of $0, DNB ASA has PE ratio of 8.04 with a one year low of $10.47 and a 52 week high of $14.75 .
General Information About DNB ASA (OTCMKTS:DNBHF)
DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. It operates through five segments: Personal customers, Small and Medium-Sized Enterprises, Large Corporates and International Customers, Trading, and Traditional Pension Products. The company offers savings and investment products, including saving accounts, term accounts, asset management services, exchange traded products, fixed rate deposits, bonds and commercial papers, equities, and retirement savings; and loans comprising home mortgages, and car and consumer loans, as well as installment loans, bank guarantees, leasing, overdraft facilities, factoring, trade finance, and export financing. It also provides investment banking advisory and financing services, such as mergers and acquisitions, and debt and equity markets capital for corporations and private equity firms. In addition, the company offers a range of insurance products comprising car, boat, motor vehicle, household contents, home, holiday home, travel, valuable object, and life insurance products, as well as pet insurance for cats and dogs. Further, it offers foreign exchange, treasury, interest rates, commodities, equities, fixed income, securities, and research sevices. Additionally, it provides cash management, payments, and pension services, as well as cards, advisory, and real estate broking services. The company offers banking services primarily to the energy, healthcare, manufacturing, packaging and forest products, shipping, offshore and logistics, and seafood, as well as telecome, media, and technology sectors. DNB ASA distributes its products and services through its distribution network comprising branches, telephone banking, digital banking, mobile banking, and real estate broking, as well as external channels, such as post offices and in-store postal and banking outlets. The company was founded in 1882 and is headquartered in Oslo, Norway.
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