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Barclays Reaffirms Their Hold Rating on DNB ASA (0O84)

Barclays Reaffirms Their Hold Rating on DNB ASA (0O84)

Barclays analyst Namita Samtani maintained a Hold rating on DNB ASA (0O84 – Research Report) yesterday and set a price target of NOK296.00. The company's shares closed last Monday at NOK186.10.
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According to TipRanks, Samtani is a 2-star analyst with an average return of -0.1% and a 50.52% success rate. Samtani covers the Financial sector, focusing on stocks such as DNB ASA, Danske Bank, and Jyske Bank A/S.
The word on The Street in general, suggests a Hold analyst consensus rating for DNB ASA with a NOK263.13 average price target.
Based on DNB ASA's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of NOK52.3 billion and a net profit of NOK10.84 billion. In comparison, last year the company earned a revenue of NOK20.21 billion and had a net profit of NOK10.2 billion
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