Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $18.10 and last traded at $17.74, with a volume of 498 shares changing hands. The stock had previously closed at $16.90.
Analysts Set New Price Targets
Several equities research analysts recently commented on the company. Barclays raised Skandinaviska Enskilda Banken AB (publ) from a "strong sell" rating to a "strong-buy" rating in a research note on Monday, June 2nd. Citigroup reissued a "neutral" rating on shares of Skandinaviska Enskilda Banken AB (publ) in a research report on Wednesday, May 21st.
Check Out Our Latest Stock Analysis on Skandinaviska Enskilda Banken AB (publ)
Skandinaviska Enskilda Banken AB (publ) Price Performance
The company's 50-day simple moving average is $15.97 and its 200 day simple moving average is $15.24. The company has a quick ratio of 1.44, a current ratio of 1.53 and a debt-to-equity ratio of 3.89. The stock has a market capitalization of $36.13 billion, a price-to-earnings ratio of 10.82 and a beta of 0.44.
Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF - Get Free Report) last issued its quarterly earnings data on Tuesday, April 29th. The financial services provider reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.02). Skandinaviska Enskilda Banken AB (publ) had a net margin of 19.29% and a return on equity of 16.21%. The company had revenue of $1.97 billion for the quarter, compared to analyst estimates of $18.93 billion.
About Skandinaviska Enskilda Banken AB (publ)
(
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Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.
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