Barclays Reiterates “Underweight” Rating for Dnb Asa (OTCMKTS:DNHBY)

Dnb Asa (OTCMKTS:DNHBY)‘s stock had its “underweight” rating reissued by analysts at Barclays in a report issued on Monday, The Fly reports.

A number of other equities analysts have also recently commented on DNHBY. Zacks Investment Research cut Dnb Asa from a “buy” rating to a “hold” rating in a report on Thursday. Keefe, Bruyette & Woods raised Dnb Asa from an “underperform” rating to a “market perform” rating in a report on Monday, February 22nd. UBS Group reissued a “sell” rating on shares of Dnb Asa in a report on Tuesday, March 23rd. Finally, Credit Suisse Group downgraded shares of Dnb Asa from an “outperform” rating to a “neutral” rating in a research note on Wednesday, February 17th. Two research analysts have rated the stock with a sell rating and five have given a hold rating to the stock. Dnb Asa presently has a consensus rating of “Hold” and an average target price of $24.00.

Shares of DNHBY stock traded down $0.15 during trading hours on Monday, hitting $21.38. 30,000 shares of the company were exchanged, compared to its average volume of 197,097. The company has a market capitalization of $33.15 billion, a PE ratio of 16.32 and a beta of 1.56. The business has a 50 day moving average of $21.08 and a two-hundred day moving average of $18.33. Dnb Asa has a 52 week low of $9.95 and a 52 week high of $22.40. The company has a current ratio of 1.95, a quick ratio of 1.95 and a debt-to-equity ratio of 3.82.

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.

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Analyst Recommendations for Dnb Asa (OTCMKTS:DNHBY)

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