DNB Bank ASA (OTCMKTS:DNBBY) Lifted to “Hold” at Citigroup

DNB Bank ASA (OTCMKTS:DNBBY) was upgraded by Citigroup to a “hold” rating in a research report issued on Friday, Zacks.com reports.

DNB Bank ASA Stock Performance

OTCMKTS DNBBY opened at $20.57 on Friday. The company has a market cap of $31.89 billion, a P/E ratio of 8.50, a P/E/G ratio of 1.51 and a beta of 1.30. DNB Bank ASA has a 1-year low of $17.40 and a 1-year high of $21.58. The company has a debt-to-equity ratio of 3.37, a current ratio of 1.69 and a quick ratio of 1.69. The stock has a 50-day moving average of $20.51 and a two-hundred day moving average of $19.86.

About DNB Bank ASA

DNB Bank ASA provides financial services for individual and business customers in Norway and internationally. The company offers savings, current, and pension accounts; fixed rate and security deposits; home and cabin mortgages, car and consumer loans, business loans, and refinancing; car, house, home contents, travel, personal, and non-life insurance product; payment services; and online and mobile banking services, as well as cards.