Swedbank AB (SWDBY) – What Are Investment Firms Thinking About This Stock?

Swedbank AB (OTCMKTS:SWDBY) has been assigned a consensus recommendation of “Hold” from the six research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating on the company.

SWDBY has been the subject of a number of analyst reports. Citigroup reissued a “neutral” rating on shares of Swedbank in a research report on Monday, October 12th. The Goldman Sachs Group raised shares of Swedbank from a “sell” rating to a “hold” rating in a report on Monday, July 20th. Zacks Research lowered shares of Swedbank from a “hold” rating to a “strong sell” rating in a research note on Friday, September 11th. Barclays upgraded shares of Swedbank from a “cautious” rating to an “overweight” rating in a research note on Friday, October 9th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Swedbank in a report on Wednesday, September 16th.

Swedbank Stock Down 2.0%

Shares of Swedbank stock traded down SEK 0.81 on Friday, hitting SEK 40.50. The company had a trading volume of 43,600 shares, compared to its average volume of 28,499. The stock has a market capitalization of $45.53 billion, a price-to-earnings ratio of 13.87, a P/E/G ratio of 2.88 and a beta of 0.69. Swedbank has a 1 year low of SEK 29.80 and a 1 year high of SEK 42.36. The stock has a 50 day moving average of SEK 40.26 and a 200-day moving average of SEK 38. The company has a debt-to-equity ratio of 4.25, a quick ratio of 1.47 and a current ratio of 1.47.

Swedbank (OTCMKTS:SWDBY) last announced its earnings results on Thursday, October 22nd. The financial services provider reported SEK 0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of SEK 0.73 by SEK 0.03. The company had revenue of SEK 1.86 billion for the quarter. Swedbank had a return on equity of 14.76% and a net margin of 28.94%. As a group, sell-side analysts forecast that Swedbank will post 2.74 earnings per share for the current year.

About Swedbank