Swedbank (OTCMKTS:SWDBY) was upgraded by equities researchers at ValuEngine from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, ValuEngine reports.
Other research analysts have also issued research reports about the stock. Morgan Stanley raised shares of Swedbank from an “equal” rating to a “weight” rating in a research note on Monday, September 23rd. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Swedbank in a research note on Thursday, July 18th. One equities research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Swedbank presently has a consensus rating of “Hold”.
OTCMKTS SWDBY traded down $0.01 during trading on Wednesday, reaching $13.73. 19,854 shares of the stock traded hands, compared to its average volume of 46,481. The firm has a market cap of $15.22 billion, a price-to-earnings ratio of 6.79 and a beta of 0.72. The stock’s 50-day moving average price is $13.54 and its 200 day moving average price is $14.90. The company has a quick ratio of 1.65, a current ratio of 1.65 and a debt-to-equity ratio of 7.27. Swedbank has a fifty-two week low of $12.43 and a fifty-two week high of $23.85.
Swedbank AB (publ) provides various banking products and services to private, corporate, and organizational customers. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers deposit and lending products; guarantees; non-life insurance products; brokerage and other securities; real estate brokerage; and asset management, financing, and life insurance and pension services.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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