SKAND ENSKILDA BKN SER'A'NPV (NASDAQ:SVKEF) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “Skandinaviska Enskilda Banken AB provides corporate, retail, investment and private banking services. It offers savings account, investment banking, securities brokerage services, loans, pensions and insurance products. The company operates primarily in Sweden, Norway, Denmark, Finland, Estonia, Latvia, Lithuania, Germany, Poland, Ukraine, China, Great Britain, Ireland, Luxembourg, Russia, Singapore, the United States and internationally. Skandinaviska Enskilda Banken AB is headquartered in Stockholm, Sweden. “

Shares of SKAND ENSKILDA BKN SER'A'NPV (NASDAQ SVKEF) opened at 12.73 on Tuesday. The firm has a market capitalization of $27.60 billion and a PE ratio of 12.79. SKAND ENSKILDA BKN SER'A'NPV has a 12 month low of $9.91 and a 12 month high of $12.93. The stock has a 50 day moving average of $12.49 and a 200-day moving average of $11.94.

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