Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) Stock Rating Upgraded by The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Skandinaviska Enskilda Banken AB (publ) (OTCMKTS:SVKEF) to a hold rating in a research note issued to investors on Friday morning, Zacks.com reports.

Skandinaviska Enskilda Banken AB (publ) Stock Performance

SVKEF opened at $15.50 on Friday. Skandinaviska Enskilda Banken AB has a 12 month low of $11.10 and a 12 month high of $15.55. The company has a fifty day simple moving average of $15.32 and a 200 day simple moving average of $14.63. The company has a debt-to-equity ratio of 4.50, a quick ratio of 1.42 and a current 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 business had revenue of $1.90 billion for the quarter. Skandinaviska Enskilda Banken AB (publ) had a net margin of 20.24% and a return on equity of 17.49%. On average, analysts predict that Skandinaviska Enskilda Banken AB will post 1.64 EPS for the current fiscal 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.