Shares of DNB Bank ASA (OTCMKTS:DNBBY – Get Rating) have been given an average recommendation of “Hold” by the ten brokerages that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $216.44.
DNBBY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reduced their price objective on shares of DNB Bank ASA from €247.00 ($252.04) to €241.00 ($245.92) and set a “buy” rating for the company in a research report on Monday, August 1st. UBS Group upgraded shares of DNB Bank ASA from a “sell” rating to a “neutral” rating in a research report on Tuesday, July 5th. Morgan Stanley upgraded shares of DNB Bank ASA from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from 203.00 to 225.00 in a research report on Wednesday, April 20th. Barclays boosted their price objective on shares of DNB Bank ASA from 178.00 to 184.00 and gave the stock an “underweight” rating in a research report on Thursday, May 12th. Finally, JPMorgan Chase & Co. upped their price target on shares of DNB Bank ASA from 190.00 to 200.00 and gave the company a “neutral” rating in a research report on Friday, May 6th.
DNB Bank ASA Stock Up 0.6 %
OTCMKTS DNBBY opened at $20.73 on Friday. DNB Bank ASA has a 52 week low of $17.40 and a 52 week high of $25.91. The stock has a market capitalization of $32.13 billion, a PE ratio of 11.39, a price-to-earnings-growth ratio of 0.97 and a beta of 1.33. The firm has a 50 day moving average of $18.79 and a two-hundred day moving average of $20.73.
About DNB Bank ASA
(Get Rating)
DNB Bank ASA provides financial services for retail and corporate customers in Norway and internationally. The company offers personal banking products and services, including savings and investment products; loans, such as home mortgages, and car and consumer loans; pet, home and property, travel, and personal insurance products, as well as insurance products for vehicles; retirement savings products; foreign exchange and treasury activities; and Internet and mobile banking services, as well as cards.
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DNB Bank ASA (OTCMKTS:DNBBY) Given Average Rating of “Hold” by Brokerages & Latest News Update
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