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Nordea Bank (OTCMKTS:NRBAY) has been upgraded from Sell to Hold in a report by Deutsche Bank today.

Yesterday Nordea Bank (OTCMKTS:NRBAY) traded -0.71% lower at $12.10. The company’s 50-day moving average is $11.63 and its 200-day moving average is $11.09. The last closing price is up 1.12% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time period. 24,915 shares of the stock traded hands, down from an average trading volume of 93,686

Deutsche Bank has upgraded Nordea Bank (OTCMKTS:NRBAY) from Sell to Hold in a report released on Wednesday November 15, 2017.

See Chart Below

Nordea Bank (OTCMKTS:NRBAY)

Nordea Bank has a 52 week low of $7.76 and a 52 week high of $12.27 with a P/E ratio of 11.30 The company’s market cap is currently $0.

General Information About Nordea Bank (OTCMKTS:NRBAY)

Nordea Bank AB (publ) provides various banking products and services to individuals, and corporate and institutional customers. It operates through Personal Banking, Commercial & Business Banking, Wholesale Banking, and Wealth Management segments. The company offers deposits, cards, lending products, and net banking services; cash management services; trade and project finance services; asset based financing through leasing, hire purchase, and factoring; and investment, savings, and risk management products, as well as finance products to partners, such as vendors, dealers, and retailers. It also provides funds, equity products, and consulting services related to asset allocation and funds; and tailor made solutions and syndicated loan transactions for the shipping, offshore, and oil services industries. In addition, the company offers wealth planning, investment advisory, credit, and estate planning services to individuals, businesses, trusts, and foundations; and manages investment products, including internally and externally managed investment funds. Further, it provides financial instruments or arrangements for financial instruments in the financial marketplace; equity trading services; discretionary management services; portfolio advisory services; life insurance and pension products and services; and endowment products. Nordea Bank AB (publ) operates through a network of approximately 600 branches in Sweden, Finland, Norway, Denmark, Baltic, Luxembourg, and internationally. The company was founded in 1820 and is headquartered in Stockholm, Sweden.

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