Other research analysts also recently issued research reports about the stock. Zacks Investment Research raised shares of Swedbank AB from a hold rating to a buy rating and set a $25.00 target price for the company in a report on Thursday, August 18th. Royal Bank Of Canada raised shares of Swedbank AB from a sector perform rating to an outperform rating in a report on Tuesday, June 28th. Goldman Sachs Group Inc. raised shares of Swedbank AB from a sell rating to a neutral rating in a report on Tuesday, June 28th. Finally, Jefferies Group raised shares of Swedbank AB from a hold rating to a buy rating in a report on Wednesday, August 17th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. Swedbank AB currently has an average rating of Hold and a consensus target price of $25.00.
Shares of Swedbank AB (NASDAQ:SWDBY) traded up 1.41% on Friday, hitting $23.80. The stock had a trading volume of 12,225 shares. Swedbank AB has a 12 month low of $18.15 and a 12 month high of $24.10. The stock has a market cap of $26.44 billion and a PE ratio of 12.42. The company has a 50 day moving average price of $23.00 and a 200-day moving average price of $21.59.
Swedbank AB Company Profile
Swedbank AB is a savings bank. The Company’s segments include Swedish Banking, Baltic Banking, Large Corporates & Institutions, and Group Functions & Other. Its Swedish Banking segment offers services through its own branch network, the Telephone Bank, the Internet Bank and the distribution network of the independent savings banks.
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