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Skandinaviska (OTCMKTS:SVKEF) Downgraded by Barclays to Hold

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Key Points

  • Barclays downgraded Skandinaviska (OTCMKTS:SVKEF) from "strong‑buy" to "hold", and Citigroup reiterated a "neutral" rating, leaving the stock with an average analyst rating of "Hold".
  • SVKEF opened at $18.60, trades in a 12‑month range of $14.00–$22.53, has a market cap of $37.89 billion, a P/E of 10.63 and a debt‑to‑equity ratio of 4.38.
  • MarketBeat previews top five stocks to own in June.

Skandinaviska (OTCMKTS:SVKEF - Get Free Report) was downgraded by equities researchers at Barclays from a "strong-buy" rating to a "hold" rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Separately, Citigroup reiterated a "neutral" rating on shares of Skandinaviska in a report on Thursday, January 22nd. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock has an average rating of "Hold".

View Our Latest Research Report on SVKEF

Skandinaviska Stock Performance

Shares of SVKEF stock opened at $18.60 on Wednesday. Skandinaviska has a 12 month low of $14.00 and a 12 month high of $22.53. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 4.38. The business's 50 day moving average is $20.73 and its two-hundred day moving average is $20.11. The company has a market cap of $37.89 billion, a PE ratio of 10.63 and a beta of 0.52.

Skandinaviska Company Profile

(Get Free Report)

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. It offers treasury advisory services; factoring and receivable, trade, and export financing; markets and trading, such as equities, fixed income, commodities, and foreign exchange; financial services, including investment, financing, and ownership; and shipping and real estate finance.

See Also

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