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

BNP Paribas upgraded shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) 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.

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:SVKEF) 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

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.