Swedbank AB (SWDBY) Receives Consensus Recommendation of “Hold” from Brokerages
Swedbank AB (OTCMKTS:SWDBY) has been assigned an average rating of “Hold” from the six research firms that are presently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a strong buy rating to the company.
Separately, ValuEngine upgraded Swedbank AB from a “buy” rating to a “strong-buy” rating in a report on Thursday, July 6th.
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Shares of Swedbank AB (SWDBY) opened at 26.645 on Friday. Swedbank AB has a 52 week low of $22.39 and a 52 week high of $26.68. The firm has a market capitalization of $29.67 billion, a PE ratio of 12.934 and a beta of 1.00. The company has a 50-day moving average of $26.01 and a 200-day moving average of $24.69.
About Swedbank AB
Swedbank AB is a savings bank. The Company offers financial services and products in its home markets of Sweden, Estonia, Latvia and Lithuania. The Company’s segments are Swedish Banking, Baltic Banking, Large corporates & Institutions, and Group Functions & Other. The Company offers products mainly in the areas of lending, payments and savings.
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