Dnb Asa (OTCMKTS:DNHBY) Receives $75.00 Consensus Price Target from Analysts

Shares of Dnb Asa (OTCMKTS:DNHBY) have been assigned an average rating of “Hold” from the twelve ratings firms that are covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, six have issued a hold recommendation, three have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $75.00.

A number of research firms recently commented on DNHBY. Barclays decreased their price objective on Dnb Asa from €129.00 ($151.76) to €125.00 ($147.06) and set an “underweight” rating on the stock in a report on Thursday, July 1st. upgraded Dnb Asa from a “neutral” rating to a “buy” rating in a report on Wednesday, June 23rd. JPMorgan Chase & Co. cut Dnb Asa from an “overweight” rating to a “neutral” rating in a report on Wednesday, June 23rd. They noted that the move was a valuation call. Zacks Investment Research upgraded Dnb Asa from a “hold” rating to a “strong-buy” rating and set a $25.00 price objective on the stock in a report on Wednesday, May 26th. Finally, Citigroup upgraded Dnb Asa from a “neutral” rating to a “buy” rating in a report on Wednesday, June 23rd. They noted that the move was a valuation call.

Shares of Dnb Asa stock remained flat at $$21.83 on Friday. The stock had a trading volume of 31,822 shares, compared to its average volume of 127,841. The stock has a market cap of $33.84 billion, a PE ratio of 16.66 and a beta of 1.54. The stock’s fifty day moving average is $21.83 and its 200-day moving average is $21.88. Dnb Asa has a fifty-two week low of $13.10 and a fifty-two week high of $23.53.

Dnb Asa Company Profile

DNB ASA provides various banking products and services for retail and corporate customers in Norway and internationally. The company offers savings and investment products, including saving accounts, investment accounts, home savings products, equities, retirement savings, fixed rate deposits, exchange traded products, bonds and commercial papers, mutual funds, and asset management services; and loans, such as home mortgages, car and consumer loans, trade finance, and export financing, as well as overdraft facilities, bank guarantees, and leasing and factoring services.

Featured Story: Dead Cat Bounce

Analyst Recommendations for Dnb Asa (OTCMKTS:DNHBY)

Receive News & Ratings for Dnb Asa Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dnb Asa and related companies with MarketBeat.com's FREE daily email newsletter.