Will Jefferies’s Latest Ratings Coverage Help Nordea Bank (NRBAY)’s Share Price?

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How Jefferies Currently Rates Nordea Bank (NRBAY)

In a recent report issued on Tuesday morning, Jefferies analyst just initiated coverage of Nordea Bank (NRBAY) with “Hold” rating.

The stock decreased 2.43% or $0.27 on December 8, striking $10.82. Approximately shares of stock traded hands. NORDEA BANK AB SPON ADR EA REPR 1 ORD SH (NRBAY) has declined 12.74% since May 6, 2015 and is downtrending. It has underperformed by 11.95% the S&P500.

Will Jefferies’s Latest Ratings Coverage Help Nordea Bank (NRBAY)’s Share Price?

According to Zacks Investment Research, “Nordea Bank AB provides banking services primarily in Sweden, Finland, Norway, Denmark, the Baltic countries, Poland, and Russia. It operates in Retail Banking, Wholesale Banking, and Other Operating segments. The services provided by the bank include current, savings, investment, rental security deposit, foreign currency accounts, loans, recreational credits, working capital, fixed asset, enterprise, sales, foreign trade, property finance, bank guarantees, financial risk management services, individual pensions, endowment, life, health and personal accident insurance products; trade finance, securities services, international banking, cash management and export and import services. Nordea Bank AB is headquartered in Stockholm, Sweden.” Get a free copy of the Zacks research report on NORDEA BANK AB SPON ADR EA REPR 1 ORD SH (NRBAY).

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