Is DNB ASA (OTCMKTS:DNBHF) a Stock to Watch Now That Jefferies Has Begun Covering It?

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How Jefferies Currently Rates DNB ASA (OTCMKTS:DNBHF)

Jefferies issued Underperform rating on DNB ASA (OTCMKTS:DNBHF). The firm started coverage on shares of DNBHF in an analyst note sent to investors on Tuesday morning.

From a total of 2 analysts covering DNB ASA (OTCMKTS:DNBHF) stock, 0 rate it a ”Buy”, 1 a “Sell”, and 1 a ”Hold”. This means that 0 of the ratings are positive. DNB ASA was the topic of 2 analyst reports since October 23, 2015 according to the firm StockzIntelligence Inc. Jefferies initiated shares on December 8 with “Underperform” rating.

The stock closed the day at $12.98 during the previous session. It is down 27.49% since May 6, 2015 and is downtrending. It has underperformed by 26.69% the S&P500.

Is DNB ASA (OTCMKTS:DNBHF) a Stock to Watch Now That Jefferies Has Begun Covering It?

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