Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Rating) had its price target raised by Barclays from SEK 101 to SEK 104 in a research report issued on Friday, The Fly reports.

SVNLY has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft downgraded shares of Svenska Handelsbanken AB (publ) from a "buy" rating to a "hold" rating in a report on Friday, July 29th. Credit Suisse Group dropped their price target on Svenska Handelsbanken AB (publ) to SEK 86 in a research note on Tuesday, July 19th. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $103.63.

Svenska Handelsbanken AB (publ) Trading Down 1.2 %

OTCMKTS SVNLY traded down $0.05 on Friday, hitting $3.98. 631,485 shares of the stock were exchanged, compared to its average volume of 341,878. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.89 and a current ratio of 1.89. The stock has a fifty day moving average price of $4.27 and a two-hundred day moving average price of $4.60. The firm has a market capitalization of $15.48 billion, a P/E ratio of 7.11, a P/E/G ratio of 0.26 and a beta of 0.83. Svenska Handelsbanken AB has a 52-week low of $3.92 and a 52-week high of $13.95.

About Svenska Handelsbanken AB (publ)

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Svenska Handelsbanken AB (publ) provides various banking products and services for private and corporate customers primarily in Sweden, the United Kingdom, Norway, the Netherlands, the United States, Luxembourg, China, Germany, France, and Poland. The company offers savings, transactions, business, currency, and investment accounts, as well as accounts for cash pool, and forestry and agriculture; mortgage and committed loans, and private loans; mutual funds; pension products; credit and debit cards; and payment and reconciliation services.

Further Reading

• Get a free copy of the StockNews.com research report on Svenska Handelsbanken AB (publ) (SVNLY)
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