Swedbank AB (SWDBY) – What Are Investment Firms Saying About This Stock?

Swedbank AB (OTCMKTS:SWDBY) has been assigned a consensus rating of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company.

A number of brokerages have commented on SWDBY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Swedbank in a research report on Wednesday, September 16th. Zacks Research downgraded Swedbank from a “hold” rating to a “strong sell” rating in a research note on Friday, September 11th. The Goldman Sachs Group upgraded Swedbank from a “sell” rating to a “hold” rating in a research report on Monday, July 20th. Barclays raised Swedbank from a “cautious” rating to an “overweight” rating in a research note on Friday, October 9th. Finally, Citigroup reiterated a “neutral” rating on shares of Swedbank in a report on Monday, October 12th.

Swedbank Trading Down 2.0%

Shares of SWDBY stock traded down SEK 0.81 on Friday, hitting SEK 40.50. The company had a trading volume of 43,600 shares, compared to its average volume of 28,499. Swedbank has a twelve month low of SEK 29.80 and a twelve month high of SEK 42.36. The company has a debt-to-equity ratio of 4.25, a quick ratio of 1.47 and a current ratio of 1.47. The firm has a market cap of $45.53 billion, a P/E ratio of 13.87, a P/E/G ratio of 2.88 and a beta of 0.69. The stock’s 50-day moving average is SEK 40.26 and its two-hundred day moving average is SEK 38.

Swedbank (OTCMKTS:SWDBY) last posted its quarterly earnings data on Thursday, October 22nd. The financial services provider reported SEK 0.76 EPS for the quarter, beating analysts’ consensus estimates of SEK 0.73 by SEK 0.03. Swedbank had a net margin of 28.94% and a return on equity of 14.76%. The company had revenue of SEK 1.86 billion for the quarter. On average, equities research analysts anticipate that Swedbank will post 2.74 earnings per share for the current fiscal year.

About Swedbank