Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Given the average recommendation of “Hold” by brokerage houses

Shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS: SVKEF – Get an assessment) received an average rating of “Hold” from the seven brokerages that currently cover the business, reports Marketbeat Ratings. One analyst rated the stock with a sell rating, one issued a hold rating and three issued a buy rating on the company. The average 1-year price target among brokerages that updated their coverage on the stock in the last year is $107.00.

Several research companies have recently weighed in on SVKEF. Credit Suisse Group raised its price target on Skandinaviska Enskilda Banken AB (publ) to 99 SEK in a Thursday, April 28 report. UBS Group upgraded Skandinaviska Enskilda Banken AB (publ) from a “neutral” rating to a “buy” rating in a research report on Tuesday, May 3. Cheuvreux upgraded Skandinaviska Enskilda Banken AB (publ) from a “hold” rating to a “buy” rating and set a price target of SEK 134 on the stock in a Wednesday April 20 research note. Barclays lowered its price target on Skandinaviska Enskilda Banken AB (publ) from SEK 111 to SEK 105 in a research note on Wednesday April 6. Finally, JPMorgan Chase & Co. cut its price target on Skandinaviska Enskilda Banken AB (publ) from SEK 110 to SEK 90 and set an “underweight” rating for the company in a Monday, March 14 report.

Shares of OTCMKTS SVKEF traded down $0.10 at midday on Friday, hitting $10.00. 142 shares of the company were traded, against an average volume of 161. The company has a market capitalization of $21.60 billion, a P/E ratio of 7.35 and a beta of 0.89. The company has a debt ratio of 3.78, a current ratio of 1.45 and a quick ratio of 1.45. The company’s 50-day moving average is $11.02 and its two-hundred-day moving average is $12.17. Skandinaviska Enskilda Banken AB has a 1 year minimum of $9.65 and a 1 year maximum of $16.05.

Company profile Skandinaviska Enskilda Banken AB (publ) (Get an assessment)

Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment and private banking services. It operates through the Corporate and Financial Institutions, Corporate and Private Clients, Baltic, Life and Investment Management divisions. The company offers research and strategy services; analysis, advisory, execution and trading services in the foreign exchange, fixed income, equity and commodity markets; transaction services, including cash management, trade and supply chain finance and corporate services; and investor services.

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