Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Upgraded at BNP Paribas

BNP Paribas upgraded shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) to a hold rating in a research note released on Tuesday, Zacks.com reports.

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

Skandinaviska Enskilda Banken AB (publ) Stock Performance

SVKEF opened at $14.99 on Tuesday. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 4.50. The firm has a market cap of $32.38 billion, a price-to-earnings ratio of 8.66 and a beta of 0.76. Skandinaviska Enskilda Banken AB has a 52 week low of $11.10 and a 52 week high of $15.55. The business’s 50 day moving average is $15.31 and its two-hundred day moving average is $14.64.

Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) last announced its quarterly earnings results on Tuesday, July 16th. The financial services provider reported $0.42 EPS for the quarter. Skandinaviska Enskilda Banken AB (publ) had a return on equity of 17.49% and a net margin of 20.24%. The business had revenue of $1.90 billion for the quarter. On average, research analysts predict that Skandinaviska Enskilda Banken AB will post 1.64 EPS for the current year.

About Skandinaviska Enskilda Banken AB (publ)

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.