DNB Bank ASA (OTCMKTS:DNBBY – Get Rating) shares hit a new 52-week low on Thursday . The company traded as low as $17.40 and last traded at $17.56, with a volume of 236751 shares changing hands. The stock had previously closed at $17.61.
A number of brokerages recently weighed in on DNBBY. Barclays lifted their price objective on shares of DNB Bank ASA from 178.00 to 184.00 and gave the company an “underweight” rating in a report on Thursday, May 12th. JPMorgan Chase & Co. lifted their price objective on shares of DNB Bank ASA from 190.00 to 200.00 and gave the company a “neutral” rating in a report on Friday, May 6th. DNB Markets decreased their price objective on shares of DNB Bank ASA from 248.00 to 238.00 and set a “buy” rating for the company in a report on Tuesday, April 5th. Finally, Morgan Stanley upgraded shares of DNB Bank ASA from an “underweight” rating to an “equal weight” rating and lifted their price objective for the company from 203.00 to 225.00 in a report on Wednesday, April 20th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, DNB Bank ASA currently has an average rating of “Hold” and an average price target of $217.44.
The firm’s fifty day moving average price is $19.72 and its 200 day moving average price is $21.83. The company has a debt-to-equity ratio of 3.17, a quick ratio of 1.81 and a current ratio of 1.49. The firm has a market cap of $27.22 billion, a P/E ratio of 9.87, a price-to-earnings-growth ratio of 1.08 and a beta of 1.36.
About DNB Bank ASA (OTCMKTS:DNBBY)
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.
- Get a free copy of the StockNews.com research report on DNB Bank ASA (DNBBY)
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