Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Stock Rating Upgraded by BNP Paribas

BNP Paribas upgraded shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEFFree Report) to a hold rating in a research report sent to investors on Tuesday, Zacks.com reports.

Separately, The Goldman Sachs Group upgraded shares of Skandinaviska Enskilda Banken AB (publ) to a hold rating in a research report on Friday, September 27th.

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Skandinaviska Enskilda Banken AB (publ) Stock Performance

Shares of OTCMKTS SVKEF opened at $14.99 on Tuesday. The stock has a market capitalization of $32.38 billion, a P/E ratio of 8.66 and a beta of 0.76. The business’s 50 day moving average is $15.30 and its two-hundred day moving average is $14.64. Skandinaviska Enskilda Banken AB has a 1-year low of $11.10 and a 1-year high of $15.55. The company has a debt-to-equity ratio of 4.50, a current ratio of 1.42 and a quick ratio of 1.42.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEFGet Free Report) last issued its quarterly earnings data on Tuesday, July 16th. The financial services provider reported $0.42 EPS for the quarter. The firm had revenue of $1.90 billion during the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 17.49% and a net margin of 20.24%. As a group, research analysts expect that Skandinaviska Enskilda Banken AB will post 1.64 EPS for the current year.

Skandinaviska Enskilda Banken AB (publ) Company Profile

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Skandinaviska Enskilda Banken AB (publ) provides corporate, retail, investment, and private banking services. The company operates through Large Corporates & Financial Institutions, Corporate & Private Customers, Private Wealth Management & Family Office, Baltic, Life, and Investment Management divisions.

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