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DNB Bank ASA (DNBBY) Stock Forecast & Price Target

DNB Bank ASA logo
$20.58 -0.22 (-1.06%)
(As of 11/20/2024 ET)

DNB Bank ASA - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
0

Based on 1 Wall Street analysts who have issued ratings for DNB Bank ASA in the last 12 months, the stock has a consensus rating of "Hold." Out of the 1 analysts, 1 has given a hold rating for DNBBY.

Consensus Price Target

N/A

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DNBBY Analyst Ratings Over Time

TypeCurrent Forecast
11/22/23 to 11/21/24
1 Month Ago
10/23/23 to 10/22/24
3 Months Ago
8/24/23 to 8/23/24
1 Year Ago
11/22/22 to 11/22/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
N/A N/A
Buy
0 Buy rating(s)
0 Buy rating(s)
N/A N/A
Hold
1 Hold rating(s)
1 Hold rating(s)
N/A N/A
Sell
0 Sell rating(s)
0 Sell rating(s)
N/A N/A
Consensus Price TargetN/AN/AN/AN/A
Forecasted UpsideN/AN/AN/AN/A
Consensus Rating
Hold
Hold
N/AN/A

DNBBY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DNBBY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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DNB Bank ASA Stock vs. The Competition

TypeDNB Bank ASAFinance CompaniesS&P 500
Consensus Rating Score
2.00
2.49
2.50
Consensus RatingHoldHoldModerate Buy
Predicted UpsideN/A12.90% Upside9.83% Upside
News Sentiment Rating
Neutral News

See Recent DNBBY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
10/11/2024Citigroup
3 of 5 stars
S. Srivastava
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeHold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:54 AM ET.


Should I Buy DNB Bank ASA Stock? DNBBY Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 4, 2024. Please send any questions or comments about these DNB Bank ASA pros and cons to contact@marketbeat.com.

DNB Bank ASA
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in DNB Bank ASA:

  • DNB Bank ASA has shown significant growth in short interest, indicating potential market interest and volatility.
  • Strong quarterly earnings results with a positive EPS of $0.64, beating analyst estimates by $0.07, showcasing financial stability and performance.
  • Diverse range of financial services offered for individual and business customers, providing multiple revenue streams and market exposure.
  • Stable return on equity of 14.24% and a healthy net margin of 18.94%, reflecting efficient management of assets and profitability.
  • Current stock price trading at $20.43, with a market cap of $31.67 billion, indicating investor confidence and potential for capital appreciation.

DNB Bank ASA
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in DNB Bank ASA for these reasons:

  • High debt-to-equity ratio of 3.37, which may indicate increased financial risk and potential limitations on future growth.
  • Recent significant increase in short interest by 3,133.3% within a short period, suggesting heightened market speculation and uncertainty.
  • Price-to-earnings-growth ratio of 1.53, which may indicate the stock is currently overvalued relative to its growth prospects.
  • Market volatility with a beta of 1.30, indicating higher sensitivity to market movements and potential for increased risk.
  • One-year high of $21.58 for the stock, suggesting potential resistance levels and limited room for immediate price appreciation.

DNBBY Forecast - Frequently Asked Questions

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for DNB Bank ASA in the last twelve months. There is currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" DNBBY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DNBBY, but not buy additional shares or sell existing shares.

According to analysts, DNB Bank ASA's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.

Over the previous 90 days, DNB Bank ASA's stock had 1 upgrade by analysts.

DNB Bank ASA has been rated by research analysts at Citigroup in the past 90 days.

Analysts like DNB Bank ASA less than other "finance" companies. The consensus rating score for DNB Bank ASA is 2.00 while the average consensus rating score for "finance" companies is 2.49. Learn more on how DNBBY compares to other companies.


This page (OTCMKTS:DNBBY) was last updated on 11/21/2024 by MarketBeat.com Staff
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