Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Rating) has been assigned a consensus recommendation of "Hold" from the ten research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $102.71.

SVNLY has been the subject of several research reports. Deutsche Bank Aktiengesellschaft increased their price target on Svenska Handelsbanken AB (publ) from SEK 100 to SEK 101 and gave the stock a "hold" rating in a research note on Tuesday. Barclays raised their target price on Svenska Handelsbanken AB (publ) from SEK 101 to SEK 104 in a research note on Friday, September 2nd. UBS Group upgraded Svenska Handelsbanken AB (publ) from a "neutral" rating to a "buy" rating in a research note on Wednesday, September 21st. Finally, Credit Suisse Group cut their target price on Svenska Handelsbanken AB (publ) to SEK 86 in a research note on Tuesday, July 19th.

Svenska Handelsbanken AB (publ) Trading Up 3.0 %

Shares of Svenska Handelsbanken AB (publ) stock opened at $4.07 on Tuesday. Svenska Handelsbanken AB has a 1 year low of $3.90 and a 1 year high of $13.95. The firm has a market cap of $16.12 billion, a PE ratio of 7.05, a P/E/G ratio of 2.35 and a beta of 0.79. The stock has a fifty day moving average price of $4.17 and a 200-day moving average price of $4.46. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.89 and a quick ratio of 1.89.

Svenska Handelsbanken AB (publ) Company Profile

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Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, China, Germany, France, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services.

Further Reading

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