Skandinaviska (SVKEF) – What Are Analysts Thinking About This Stock?

Shares of Skandinaviska (OTCMKTS:SVKEF) have received a consensus recommendation of “Hold” from the six analysts that are presently covering the firm, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation.

SVKEF has been the topic of a number of research reports. Citigroup reiterated a “neutral” rating on shares of Skandinaviska in a report on Friday, October 9th. The Goldman Sachs Group restated a “neutral” rating on shares of Skandinaviska in a report on Monday, July 20th. Finally, Keefe, Bruyette & Woods upgraded shares of Skandinaviska from a “moderate sell” rating to a “hold” rating in a research report on Tuesday.

Skandinaviska Stock Performance

Shares of SVKEF opened at $23.25 on Friday. The firm has a 50-day moving average price of $22.80 and a 200 day moving average price of $20.91. The firm has a market capitalization of $47.36 billion, a PE ratio of 12.57 and a beta of 0.62. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 4.23. Skandinaviska has a 52-week low of $17.70 and a 52-week high of $23.67.

Skandinaviska (OTCMKTS:SVKEF) last issued its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.07. The company had revenue of $2.06 billion for the quarter, compared to analysts’ expectations of $1.97 billion. Skandinaviska had a return on equity of 15.60% and a net margin of 21.30%.

About Skandinaviska

Skandinaviska Enskilda Banken AB (SEB) is a Swedish financial services group that provides banking and financial solutions to companies, institutions, and private customers. Its principal activities include corporate and investment banking, commercial banking, retail banking, wealth management, asset management, and private banking.

SEB offers services such as lending, deposits, payments, cash management, trade finance, investment banking, securities services, insurance-related products, and investment products.