Berenberg Bank downgraded shares of Swedbank AB (OTCMKTS:SWDBY) from a buy rating to a hold rating in a research note released on Friday, MarketBeat reports.

Several other research firms have also recently issued reports on SWDBY. Zacks Investment Research cut Swedbank AB from a strong-buy rating to a hold rating in a report on Tuesday, October 3rd. J P Morgan Chase & Co raised Swedbank AB from a neutral rating to an overweight rating in a report on Tuesday, August 29th. Macquarie reiterated an underperform rating on shares of Swedbank AB in a research report on Friday, October 13th. Finally, ValuEngine upgraded shares of Swedbank AB from a buy rating to a strong-buy rating in a research report on Thursday, July 6th. One analyst has rated the stock with a sell rating, five have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. Swedbank AB currently has a consensus rating of Hold.

Swedbank AB (OTCMKTS SWDBY) opened at $24.38 on Friday. The stock has a market capitalization of $27,830.00, a price-to-earnings ratio of 3.85 and a beta of 1.08. Swedbank AB has a twelve month low of $22.58 and a twelve month high of $27.72. The company has a debt-to-equity ratio of 7.44, a current ratio of 1.72 and a quick ratio of 1.72.

TRADEMARK VIOLATION WARNING: “Swedbank AB (SWDBY) Stock Rating Lowered by Berenberg Bank” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The original version of this article can be read at

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.

Analyst Recommendations for Swedbank AB (OTCMKTS:SWDBY)

Receive News & Stock Ratings for Swedbank AB Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swedbank AB and related stocks with our FREE daily email newsletter.