Zacks Investment Research Downgrades SKAND ENSKILDA BKN SER'A'NPV (SVKEF) to Hold

SKAND ENSKILDA BKN SER'A'NPV (NASDAQ:SVKEF) was downgraded by Zacks Investment Research from a “strong-buy” rating to a “hold” rating in a report issued on Tuesday.

According to Zacks, “Skandinaviska Enskilda Banken AB provides corporate, retail, investment and private banking services. It offers savings account, investment banking, securities brokerage services, loans, pensions and insurance products. The company operates primarily in Sweden, Norway, Denmark, Finland, Estonia, Latvia, Lithuania, Germany, Poland, Ukraine, China, Great Britain, Ireland, Luxembourg, Russia, Singapore, the United States and internationally. Skandinaviska Enskilda Banken AB is headquartered in Stockholm, Sweden. “

SKAND ENSKILDA BKN SER'A'NPV (SVKEF) opened at 12.73 on Tuesday. SKAND ENSKILDA BKN SER'A'NPV has a 12-month low of $9.91 and a 12-month high of $12.93. The firm has a 50-day moving average price of $12.51 and a 200 day moving average price of $11.95. The firm has a market cap of $27.60 billion and a PE ratio of 12.79.

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