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Kepler Capital Reaffirms Their Hold Rating on DNB ASA (0O84)


Kepler Capital  Reaffirms Their Hold Rating on DNB ASA (0O84)

Adams covers the Financial sector, focusing on stocks such as Sparebanken Vest, Sparebank 1 Ostlandet, and SpareBank 1 SMN. According to TipRanks, Adams has an average return of 12.7% and a 63.79% success rate on recommended stocks.

DNB ASA has an analyst consensus of Hold, with a price target consensus of NOK227.00, a -0.52% downside from current levels. In a report released on October 25, Jefferies also maintained a Hold rating on the stock with a NOK225.00 price target.

The company has a one-year high of NOK237.30 and a one-year low of NOK192.65. Currently, DNB ASA has an average volume of 235.2K.

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DNB ASA is a Norwegian financial services group. About one fourth of its income derives from its international business, including other parts of Europe, Asia, and the Americas. The group offers a full range of financial services, including loans, savings, advisory services, insurance, and pension products for retail and corporate customers. Just under half of its credit exposure is to personal costumers, overwhelmingly in residential mortgages. The other portion of its credit exposure is to large corporations, diversified across an array of industries, most notably oil and gas, shipping, and commercial real estate. The group's strategy emphasizes cost efficiency and customer service.

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