Swedbank AB (SWDBY) - What Are Researchers Saying About This Stock?

Key Points

• Analyst consensus is “Hold”: Of six research firms covering Swedbank, two rate it a sell, two a hold and two a buy. Recent actions were mixed, including upgrades from Barclays and Goldman Sachs and a buy reaffirmation from Deutsche Bank.
• Swedbank shares recently traded at SEK 40.91, near the upper end of their 12-month range of SEK 29.80–SEK 42.36. The bank has a market capitalization of approximately $46 billion and a P/E ratio of 13.87.
• For its latest quarter, Swedbank reported SEK 0.68 in EPS and SEK 1.93 billion in revenue, along with a 14.84% return on equity and a 29.45% net margin. Analysts expect full-year EPS of about SEK 2.74.

Swedbank AB (OTCMKTS:SWDBY - Get Free Report) has earned an average rating of "Hold" from the six research firms that are covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company.

A number of brokerages recently issued reports on SWDBY. Barclays raised shares of Swedbank from a "cautious" rating to an "overweight" rating in a research report on Friday. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Swedbank in a research note on Wednesday, September 16th. Citigroup reaffirmed a "neutral" rating on shares of Swedbank in a research report on Monday. The Goldman Sachs Group upgraded shares of Swedbank from a "sell" rating to a "hold" rating in a research note on Monday, July 20th. Finally, Morgan Stanley restated an "underweight" rating on shares of Swedbank in a research note on Wednesday, June 24th.

Swedbank Stock Performance

OTCMKTS:SWDBY traded up SEK 0.59 during mid-day trading on Tuesday, hitting SEK 40.91. 20,458 shares of the company's stock traded hands, compared to its average volume of 27,768. The firm has a 50 day moving average of SEK 40.26 and a two-hundred day moving average of SEK 37.72. Swedbank has a 12 month low of SEK 29.80 and a 12 month high of SEK 42.36. The firm has a market capitalization of $46.00 billion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 2.95 and a beta of 0.71. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 4.25.

Swedbank (OTCMKTS:SWDBY - Get Free Report) last issued its quarterly earnings results on Friday, July 17th. The financial services provider reported SEK 0.68 EPS for the quarter. Swedbank had a return on equity of 14.84% and a net margin of 29.45%. The company had revenue of SEK 1.93 billion for the quarter. On average, equities analysts forecast that Swedbank will post 2.74 earnings per share for the current fiscal year.

About Swedbank

Swedbank AB is a Sweden-based banking group that provides financial services to private customers, businesses, institutions and municipalities. Its offerings include deposit accounts, lending, mortgages, payment and card services, savings and investment products, insurance, corporate finance and other advisory services.

The company serves customers primarily in Sweden and the Baltic countries of Estonia, Latvia and Lithuania. Swedbank operates through digital banking channels and a network of branches, with additional services provided through subsidiaries and partnerships.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.