Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY) Receives Average Analyst Rating of “Hold”

Svenska Handelsbanken AB (publisher) (OTCMKTS: SVNLYGet a rating) earned a consensus recommendation of “Hold” from the seven research companies that cover the business, market beat reports. One research analyst rated the stock with a sell recommendation, one assigned a hold recommendation and three gave the company a buy recommendation. The average 1-year price target among brokerages that have reported on the stock in the past year is $100.17.

Several research companies have recently published reports on SVNLY. UBS Group upgraded shares of Svenska Handelsbanken AB (publ) from a “neutral” rating to a “buy” rating in a research report on Wednesday, September 21. Deutsche Bank Aktiengesellschaft raised its price target on Svenska Handelsbanken AB (publ) from SEK 100 to SEK 101 and gave the company a “hold” rating in a Tuesday, October 11 report. Barclays raised its price target on Svenska Handelsbanken AB (publ) from SEK 101 to SEK 104 in a Friday, September 2 research note. Finally, Credit Suisse Group lowered its price target on Svenska Handelsbanken AB (publ) to SEK 86 in a Tuesday, July 19 research note.

Performance of the Svenska Handelsbanken AB share (pbl)

OTCMKTS SVNLY opened at $4.76 on Friday. The company has a debt ratio of 0.21, a quick ratio of 1.89 and a current ratio of 1.89. The stock’s fifty-day moving average is $4.23 and its two-hundred-day moving average is $4.44. The company has a market capitalization of $18.85 billion, a P/E ratio of 8.66, a price-to-earnings growth ratio of 1.64 and a beta of 0.83. Svenska Handelsbanken AB has a fifty-two week minimum of $3.90 and a fifty-two week maximum of $13.95.

About Svenska Handelsbanken AB (publ)

(Get a rating)

Svenska Handelsbanken AB (publ) provides various retail and corporate banking products and services mainly in Sweden, UK, Norway, Netherlands, USA, Luxembourg, China, Germany, France and in Poland. The company offers savings, transaction, business, currency and investment accounts, as well as cash, forestry and agriculture accounts; mortgage and pledge loans, and private loans; mutual fund; retirement products; credit and debit cards; and payment and reconciliation services.

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Analyst Recommendations for Svenska Handelsbanken AB (publ) (OTCMKTS: SVNLY)

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