Swedbank AB (publ) (OTCMKTS:SWDBY) Given New SEK 153 Price Target at Credit Suisse Group – MarketBeat

Swedbank AB (publ) (OTCMKTS:SWDBYGet Rating) had its price objective lifted by analysts at Credit Suisse Group from SEK 147 to SEK 153 in a note issued to investors on Monday, The Fly reports. The firm presently has a “neutral” rating on the financial services provider’s stock.

SWDBY has been the topic of a number of other reports. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Swedbank AB (publ) from SEK 162 to SEK 165 in a report on Tuesday, October 11th. Barclays lifted their price objective on shares of Swedbank AB (publ) from SEK 168 to SEK 176 and gave the stock an “overweight” rating in a report on Friday, September 2nd. One investment analyst has rated the stock with a sell rating, six have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of SEK 178.25.

Swedbank AB (publ) Stock Up 4.9 %

SWDBY traded up SEK 0.72 during mid-day trading on Monday, reaching SEK 15.32. 39,400 shares of the stock were exchanged, compared to its average volume of 118,149. The company has a debt-to-equity ratio of 5.11, a quick ratio of 1.47 and a current ratio of 1.47. The stock has a market capitalization of $17.34 billion, a PE ratio of 8.32, a price-to-earnings-growth ratio of 2.17 and a beta of 0.92. The company has a 50 day moving average price of SEK 13.44 and a two-hundred day moving average price of SEK 14.05. Swedbank AB has a 1 year low of SEK 12.14 and a 1 year high of SEK 23.27.

About Swedbank AB (publ)

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Swedbank AB (publ) provides various banking products and services to individuals and companies. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers savings accounts, mutual funds and insurance savings, pension savings, institutional asset management, and other savings and investment products; private residential lending, consumer financing, corporate lending, leasing, other financing products, trade finance, and factoring services; and current accounts, cash handling, debit and credit cards, card acquiring, other payment products, as well as domestic, international, mobile, and document payments.

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Analyst Recommendations for Swedbank AB (publ) (OTCMKTS:SWDBY)

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