Swedbank AB (OTCMKTS:SWDBY) Given Average Rating of “Hold” by Brokerages
Swedbank AB (OTCMKTS:SWDBY) has earned an average recommendation of “Hold” from the six brokerages that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and four have issued a hold recommendation on the company.
SWDBY has been the subject of a number of research analyst reports. ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. HSBC upgraded America Movil SAB de CV ADR Series L from a “hold” rating to a “buy” rating in a report on Friday, April 5th. Finally, Barclays downgraded NORDEA Bk AB SW/S to a “hold” rating in a report on Friday, May 17th.
Shares of SWDBY stock traded up $0.38 on Friday, reaching $15.94. 34,410 shares of the stock were exchanged, compared to its average volume of 69,667. The stock has a market cap of $17.75 billion, a PE ratio of 7.45 and a beta of 0.69. The stock’s 50 day moving average price is $14.97. Swedbank has a 1-year low of $14.05 and a 1-year high of $25.15.
Swedbank AB (publ) provides various banking products and services to private, corporate, and organizational customers. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers deposit and lending products; guarantees; non-life insurance products; brokerage and other securities; real estate brokerage; and asset management, financing, and life insurance and pension services.
Receive News & Ratings for Swedbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swedbank and related companies with MarketBeat.com's FREE daily email newsletter.