Swedbank (SWDBY) Downgraded by ValuEngine

ValuEngine downgraded shares of Swedbank (OTCMKTS:SWDBY) from a buy rating to a hold rating in a research report sent to investors on Friday morning.

Separately, Zacks Investment Research upgraded Swedbank from a sell rating to a buy rating and set a $28.00 target price for the company in a report on Wednesday, March 21st. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $28.00.

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SWDBY stock opened at $21.97 on Friday. The stock has a market cap of $24,466.43, a price-to-earnings ratio of 10.77 and a beta of 0.87. The company has a debt-to-equity ratio of 7.30, a current ratio of 1.64 and a quick ratio of 1.64. Swedbank has a 1 year low of $21.84 and a 1 year high of $27.72.

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Swedbank Company Profile

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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