Skandinaviska (SVKEF) – What Are Brokerages Saying About This Stock?

Skandinaviska (OTCMKTS:SVKEF) has received a consensus recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Six equities research analysts have rated the stock with a hold recommendation.

SVKEF has been the subject of a number of research reports. The Goldman Sachs Group reiterated a “neutral” rating on shares of Skandinaviska in a research note on Monday, July 20th. Keefe, Bruyette & Woods raised Skandinaviska from a “moderate sell” rating to a “hold” rating in a report on Tuesday. Finally, Citigroup restated a “neutral” rating on shares of Skandinaviska in a research note on Friday, October 9th.

Skandinaviska Price Performance

Shares of OTCMKTS SVKEF opened at $23.25 on Friday. The stock has a fifty day moving average price of $22.80 and a 200 day moving average price of $20.91. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 4.23. Skandinaviska has a 12-month low of $17.70 and a 12-month high of $23.67. The company has a market cap of $47.36 billion, a P/E ratio of 12.57 and a beta of 0.62.

Skandinaviska (OTCMKTS:SVKEF) last released its quarterly earnings results on Wednesday, July 15th. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.07. The firm had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.97 billion. Skandinaviska had a net margin of 21.30% and a return on equity of 15.60%.

About Skandinaviska

Skandinaviska Enskilda Banken AB (SEB) is a Swedish financial services group that provides banking and financial solutions to companies, institutions, and private customers. Its principal activities include corporate and investment banking, commercial banking, retail banking, wealth management, asset management, and private banking.

SEB offers services such as lending, deposits, payments, cash management, trade finance, investment banking, securities services, insurance-related products, and investment products.