Free Trial

Nordea Bank Abp (NRDBY) Stock Forecast & Price Target

Nordea Bank Abp logo
$11.21 -0.18 (-1.58%)
(As of 11/20/2024 ET)

Nordea Bank Abp - 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
0
Buy
1

Based on 1 Wall Street analysts who have issued ratings for Nordea Bank Abp in the last 12 months, the stock has a consensus rating of "Strong Buy." Out of the 1 analysts, 1 has given a strong buy rating for NRDBY.

Consensus Price Target

N/A

Get the Latest News and Ratings for NRDBY and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Nordea Bank Abp and its competitors.

Sign Up

NRDBY 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
1 Strong Buy rating(s)
1 Strong Buy rating(s)
N/A N/A
Buy
0 Buy rating(s)
0 Buy rating(s)
N/A N/A
Hold
0 Hold rating(s)
0 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
Strong Buy
Strong Buy
N/AN/A

NRDBY 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.
Skip Chart & View Analyst Rating History

NRDBY 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.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Nordea Bank Abp Stock vs. The Competition

TypeNordea Bank AbpFinance CompaniesS&P 500
Consensus Rating Score
4.00
2.49
2.50
Consensus RatingStrong BuyHoldModerate Buy
Predicted UpsideN/A12.90% Upside9.83% Upside
News Sentiment Rating
Positive News

See Recent NRDBY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
9/27/2024The Goldman Sachs Group
2 of 5 stars
C. Hallam
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeStrong-Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:51 AM ET.


Should I Buy Nordea Bank Abp Stock? NRDBY 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 Friday, November 15, 2024. Please send any questions or comments about these Nordea Bank Abp pros and cons to contact@marketbeat.com.

Nordea Bank Abp
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Nordea Bank Abp:

  • Nordea Bank Abp has a market cap of $41.68 billion, indicating a strong position in the market.
  • The company offers a diverse range of banking products and services across multiple countries, providing geographical diversification.
  • Recent upgrade to a "strong-buy" rating by The Goldman Sachs Group can signal positive growth potential.
  • Stable price-to-earnings ratio of 7.67 suggests the stock may be undervalued compared to industry peers.
  • Strong quick ratio and current ratio indicate the company's ability to meet short-term obligations.

Nordea Bank Abp
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Nordea Bank Abp for these reasons:

  • The stock price of Nordea Bank Abp has experienced a slight decline, which may indicate short-term market challenges.

NRDBY Forecast - Frequently Asked Questions

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nordea Bank Abp in the last twelve months. There is currently 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "strong buy" NRDBY shares.

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

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

Nordea Bank Abp has been rated by research analysts at The Goldman Sachs Group in the past 90 days.

Analysts like Nordea Bank Abp more than other "finance" companies. The consensus rating for Nordea Bank Abp is Strong Buy while the average consensus rating for "finance" companies is Hold. Learn more on how NRDBY compares to other companies.


This page (OTCMKTS:NRDBY) was last updated on 11/21/2024 by MarketBeat.com Staff
From Our Partners