Swedbank AB (publ) (OTCMKTS:SWDBY) Lowered to Neutral at Exane BNP Paribas

Exane BNP Paribas lowered shares of Swedbank AB (publ) (OTCMKTS:SWDBY – Get Rating) from an outperform rating to a neutral rating in a research report report published on Wednesday, The Fly reports.

A number of other research analysts have also weighed in on SWDBY. Societe Generale cut their target price on shares of Swedbank AB (publ) from SEK 205 to SEK 200 in a report on Thursday, February 3rd. The Goldman Sachs Group raised shares of Swedbank AB (publ) from a sell rating to a neutral rating in a research note on Tuesday, March 15th. Morgan Stanley dropped their price objective on shares of Swedbank AB (publ) from SEK 204 to SEK 200 and set an equal weight rating for the company in a research note on Thursday, January 27th. AlphaValue raised shares of Swedbank AB (publ) from a reduce rating to an accumulate rating in a research note on Thursday, April 7th. Finally, Danske raised shares of Swedbank AB (publ) from a hold rating to a buy rating in a research note on Friday, April 8th. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of Buy and a consensus target price of $187.91.

SWDBY stock opened at $14.96 on Wednesday. The firm has a fifty day moving average price of $15.91 and a 200 day moving average price of $18.16. Swedbank AB has a fifty-two week low of $13.34 and a fifty-two week high of $23.27. The company has a debt-to-equity ratio of 4.73, a quick ratio of 1.42 and a current ratio of 1.42. The firm has a market cap of $16.93 billion, a PE ratio of 7.16, a price-to-earnings-growth ratio of 0.26 and a beta of 0.93.

The company also recently announced a dividend, which was paid on Monday, April 18th. Shareholders of record on Friday, April 1st were issued a $0.974 dividend. The ex-dividend date was Thursday, March 31st. This represents a yield of 9.57%. Swedbank AB (publ)’s dividend payout ratio is presently 46.89%.

About Swedbank AB (publ) (Get Rating)

Swedbank AB (publ) provides various banking products and services to individuals and companies. The company operates through Swedish Banking, Baltic Banking, and Large Corporates & Institutions segments. It offers savings, salary, and current accounts; private residential and corporate lending; leasing, factoring, and financing services; consumer, mortgage, acquisition and project, export, and marine financing; mutual funds; and asset management, and life insurance and pension services.

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