Skandinaviska (SVKEF) to Release Quarterly Earnings on Wednesday

Key Points

• Skandinaviska will report quarterly results before the market opens on Wednesday, April 29, with analysts expecting $0.4066 EPS and $2.0072 billion in revenue.
• SVKEF opened at $20.32, has a market cap of $41.39 billion and a P/E of 11.61, with a 52-week range of $14.75 to $22.53.
• Analysts have issued multiple neutral/hold notes— including a downgrade from Barclays—leaving Skandinaviska with a consensus "Hold" rating.

Skandinaviska (OTCMKTS:SVKEF - Get Free Report) is projected to announce its results before the market opens on Wednesday, April 29th. Analysts expect the company to announce earnings of $0.4066 per share and revenue of $2.0072 billion for the quarter.

Skandinaviska Stock Performance

Shares of SVKEF stock opened at $20.32 on Wednesday. The firm has a fifty day moving average of $20.46 and a 200-day moving average of $20.21. The stock has a market cap of $41.39 billion, a price-to-earnings ratio of 11.61 and a beta of 0.52. Skandinaviska has a 52-week low of $14.75 and a 52-week high of $22.53. The company has a debt-to-equity ratio of 4.38, a quick ratio of 1.45 and a current ratio of 1.45.

Analysts Set New Price Targets

SVKEF has been the topic of a number of analyst reports. Citigroup reissued a "neutral" rating on shares of Skandinaviska in a research note on Thursday, January 22nd. Jefferies Financial Group restated a "hold" rating on shares of Skandinaviska in a research note on Wednesday, April 8th. Barclays lowered Skandinaviska from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a "hold" rating on shares of Skandinaviska in a report on Monday, April 13th. Four research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Skandinaviska currently has a consensus rating of "Hold".

Skandinaviska Company Profile

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.

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