Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) Given Average Recommendation of “Reduce” by Analysts

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) has been given a consensus recommendation of “Reduce” by the six analysts that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation and four have issued a hold recommendation on the company.

Separately, Morgan Stanley reiterated an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a report on Thursday, February 12th.

Svenska Handelsbanken Ab Publ Price Performance

Svenska Handelsbanken Ab Publ stock opened at $7.99 on Friday. The company has a current ratio of 2.14, a quick ratio of 2.10 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $31.64 billion, a P/E ratio of 11.75 and a beta of 0.57. The business has a 50-day moving average of $7.65 and a 200-day moving average of $6.94. Svenska Handelsbanken Ab Publ has a 1 year low of $4.93 and a 1 year high of $8.26.

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.24 earnings per share for the quarter, beating analysts’ consensus estimates of $0.14 by $0.10. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.53 billion. Svenska Handelsbanken Ab Publ had a net margin of 16.69% and a return on equity of 14.18%. On average, equities analysts anticipate that Svenska Handelsbanken Ab Publ will post 0.54 EPS for the current year.

About Svenska Handelsbanken Ab Publ

Svenska Handelsbanken AB (publ) is a Sweden-based universal bank offering a broad range of financial services to private individuals, businesses and institutions. Established in 1871 and headquartered in Stockholm, the bank operates on a decentralized branch model that empowers locally managed offices to deliver tailored banking solutions. Svenska Handelsbanken provides core services such as deposit accounts, lending, payment services and credit cards, alongside specialized corporate offerings including trade finance, cash management and leasing.

In addition to its commercial banking activities, Handelsbanken maintains a dedicated investment banking arm known as Handelsbanken Capital Markets, which offers services in equity and debt underwriting, corporate finance advisory and research.