Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) Receives Consensus Recommendation of "Reduce" from Brokerages

Key Points

• Analysts give Svenska Handelsbanken a consensus recommendation of "Reduce" from six firms—three sell and three hold—with recent downgrades including Barclays to a "strong sell" and Morgan Stanley at "underweight."
• The bank beat Q1 estimates, reporting EPS of $0.18 versus $0.14 and revenue of $1.61B versus $1.50B, while posting a 17.6% net margin and 14.2% ROE; analysts nonetheless forecast only 0.61 EPS for the year.
• Shares trade around $6.88 (50-/200-day MAs ~$7.16/$7.19) with a 1‑year range of $5.80–$8.26, market cap about $27.3B, a modest valuation (PE 9.69) and low leverage (debt/equity 0.17).

Shares of Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY - Get Free Report) have received an average rating of "Reduce" from the six research firms that are currently covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating and three have assigned a hold rating to the company.

A number of equities analysts have weighed in on the stock. Citigroup restated a "neutral" rating on shares of Svenska Handelsbanken Ab Publ in a research report on Thursday, April 23rd. Deutsche Bank Aktiengesellschaft restated a "hold" rating on shares of Svenska Handelsbanken Ab Publ in a research report on Monday, April 13th. Barclays cut shares of Svenska Handelsbanken Ab Publ from an "equal weight" rating to a "strong sell" rating in a research report on Wednesday, April 8th. Finally, Morgan Stanley restated an "underweight" rating on shares of Svenska Handelsbanken Ab Publ in a research report on Thursday, February 12th.

Svenska Handelsbanken Ab Publ Stock Performance

Shares of OTCMKTS SVNLY opened at $6.88 on Friday. The company's fifty day moving average price is $7.16 and its 200 day moving average price is $7.19. Svenska Handelsbanken Ab Publ has a 1 year low of $5.80 and a 1 year high of $8.26. The company has a market capitalization of $27.25 billion, a PE ratio of 9.69, a price-to-earnings-growth ratio of 4.09 and a beta of 0.61. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.14 and a current ratio of 2.14.

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY - Get Free Report) last announced its quarterly earnings results on Wednesday, April 22nd. The company reported $0.18 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.04. Svenska Handelsbanken Ab Publ had a net margin of 17.61% and a return on equity of 14.18%. The firm had revenue of $1.61 billion for the quarter, compared to the consensus estimate of $1.50 billion. On average, research analysts predict that Svenska Handelsbanken Ab Publ will post 0.61 earnings per share for the current year.

Svenska Handelsbanken Ab Publ Company Profile

Svenska Handelsbanken AB (publ) is a Sweden-based universal bank offering a broad range of financial services to private individuals, businesses and institutions. Established in 1871 and headquartered in Stockholm, the bank operates on a decentralized branch model that empowers locally managed offices to deliver tailored banking solutions. Svenska Handelsbanken provides core services such as deposit accounts, lending, payment services and credit cards, alongside specialized corporate offerings including trade finance, cash management and leasing.

In addition to its commercial banking activities, Handelsbanken maintains a dedicated investment banking arm known as Handelsbanken Capital Markets, which offers services in equity and debt underwriting, corporate finance advisory and research.

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