Svenska Handelsbanken AB (publ) (OTCMKTS:SVNLY – Get Rating) has received a consensus recommendation of "Hold" from the eleven research firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $104.57.

A number of equities research analysts have commented on SVNLY shares. Barclays raised their price objective on Svenska Handelsbanken AB (publ) from SEK 104 to SEK 115 in a research note on Thursday, May 12th. Credit Suisse Group reduced their price objective on Svenska Handelsbanken AB (publ) to SEK 86 in a research note on Tuesday, July 19th. Finally, Deutsche Bank Aktiengesellschaft cut Svenska Handelsbanken AB (publ) from a "buy" rating to a "hold" rating in a research report on Friday, July 29th.

Svenska Handelsbanken AB (publ) Trading Down 0.5 %

Shares of Svenska Handelsbanken AB (publ) stock opened at $4.27 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.89 and a current ratio of 1.89. Svenska Handelsbanken AB has a 52 week low of $3.93 and a 52 week high of $13.95. The stock has a 50 day moving average price of $4.33 and a two-hundred day moving average price of $4.67. The stock has a market capitalization of $16.61 billion, a PE ratio of 7.63, a price-to-earnings-growth ratio of 0.28 and a beta of 0.83.

About Svenska Handelsbanken AB (publ)

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.

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