Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Given Average Recommendation of “Hold” by Analysts

Shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) have received a consensus rating of “Hold” from the eight brokerages that are covering the stock, MarketBeat reports. Four analysts have rated the stock with a sell rating and four have assigned a hold rating to the company.

A number of brokerages have recently weighed in on SVKEF. Barclays reaffirmed an “underweight” rating on shares of Skandinaviska Enskilda Banken AB (publ) in a report on Monday, April 12th. Kepler Capital Markets raised shares of Skandinaviska Enskilda Banken AB (publ) from a “reduce” rating to a “hold” rating in a report on Thursday, January 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Skandinaviska Enskilda Banken AB (publ) in a report on Thursday, January 28th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of Skandinaviska Enskilda Banken AB (publ) in a report on Thursday, January 28th. Finally, Credit Suisse Group reaffirmed an “underperform” rating on shares of Skandinaviska Enskilda Banken AB (publ) in a report on Thursday, April 29th.

OTCMKTS SVKEF opened at $13.24 on Friday. The company has a quick ratio of 1.47, a current ratio of 1.47 and a debt-to-equity ratio of 4.98. The company has a market capitalization of $28.73 billion, a P/E ratio of 16.34 and a beta of 1.13. Skandinaviska Enskilda Banken AB has a 12-month low of $7.45 and a 12-month high of $13.24. The firm has a 50-day moving average price of $12.58 and a two-hundred day moving average price of $11.11.

Skandinaviska Enskilda Banken AB (publ) Company Profile

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services in Sweden and internationally. It operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Baltic, Life, and Investment Management divisions. The company offers research and strategy services; analysis, advisory, execution, and trading services in the foreign exchange, fixed income, equities, and commodities markets; transaction services, including cash management, trade and supply chain financing, custody, asset servicing, and fund services; and investor services.

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Analyst Recommendations for Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF)

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