Swedbank AB (SWDBY) Lifted to Strong-Buy at ValuEngine
Swedbank AB (OTCMKTS:SWDBY) was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a report released on Thursday.
Separately, Zacks Investment Research lowered Swedbank AB from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 27th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $28.00.
Swedbank AB (SWDBY) traded up 0.96% on Thursday, hitting $25.36. 90,856 shares of the company were exchanged. The company has a market capitalization of $28.23 billion, a price-to-earnings ratio of 11.78 and a beta of 1.00. The stock has a 50 day moving average of $24.02 and a 200 day moving average of $24.29. Swedbank AB has a 52 week low of $19.08 and a 52 week high of $26.10.
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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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