Swedbank AB (SWDBY) Receives Consensus Rating of “Buy” from Brokerages
Swedbank AB (OTCMKTS:SWDBY) has earned a consensus rating of “Buy” from the nine analysts that are presently covering the company. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company.
A number of equities analysts have recently weighed in on the company. Deutsche Bank AG lowered Swedbank AB from a “buy” rating to a “hold” rating in a research note on Friday, November 18th. Zacks Investment Research downgraded Swedbank AB from a “buy” rating to a “hold” rating in a research report on Saturday, August 20th. JPMorgan Chase & Co. downgraded Swedbank AB from an “overweight” rating to a “neutral” rating in a research report on Friday, October 7th. Finally, Jefferies Group raised Swedbank AB from a “hold” rating to a “buy” rating in a research report on Wednesday, August 17th.
Swedbank AB (OTCMKTS:SWDBY) opened at 23.35 on Friday. The firm has a 50-day moving average price of $0.00 and a 200 day moving average price of $0.00. Swedbank AB has a 12 month low of $18.15 and a 12 month high of $23.80.
About Swedbank AB
Swedbank AB is a savings bank. The Company’s segments include Swedish Banking, Baltic Banking, Large Corporates & Institutions, and Group Functions & Other. Its Swedish Banking segment offers services through its own branch network, the Telephone Bank, the Internet Bank and the distribution network of the independent savings banks.
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