Swedbank (SWDBY) Downgraded to Buy at ValuEngine

ValuEngine lowered shares of Swedbank (OTCMKTS:SWDBY) from a strong-buy rating to a buy rating in a report published on Friday, February 2nd.

A number of other equities research analysts also recently issued reports on SWDBY. Macquarie restated an underperform rating on shares of Swedbank in a research report on Friday, October 13th. Berenberg Bank downgraded Swedbank from a buy rating to a hold rating in a research report on Friday, November 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the company. Swedbank has an average rating of Hold.

Swedbank (OTCMKTS:SWDBY) opened at $24.84 on Friday. Swedbank has a 52-week low of $22.58 and a 52-week high of $27.72. The company has a market capitalization of $27,250.50, a PE ratio of 3.81 and a beta of 0.82. The company has a debt-to-equity ratio of 7.30, a current ratio of 1.64 and a quick ratio of 1.64.

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Swedbank Company Profile

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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