A statement released earlier today by Zacks Investment Research about Swedbank AB (ADR) (NASDAQ:SWDBY) raises the target price to $25.00
- Updated: September 17, 2016
Zacks Investment Research upped the target stock price of Swedbank AB (ADR) (NASDAQ:SWDBY) to $25, indicating a possible upside of 0.21%.
Only yesterday Swedbank AB (ADR) (NASDAQ:SWDBY) traded 1.77% lower at $20.73. Swedbank AB (ADR)’s 50-day average is $22.15 and its 200-day moving average is $21.35. With the last stock price down 6.71% from the 200-day average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same time period. 16,487 shares of the stock were exchanged, down from ann average trading volume of 27,136.
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Swedbank AB (ADR) has a PE of 12 with a 52 week low of $18.15 and a one-year high of $24.38 and has a market cap of $0.0.
Brief Synopsis On Swedbank AB (ADR) (NASDAQ:SWDBY)
Swedbank AB is a savings bank. The Company’s segments include Swedish Banking, Baltic Banking, Large Corporates & Institutions, and Group Functions & Other. Its Swedish Banking segment offers services through its own branch network, the Telephone Bank, the Internet Bank and the distribution network of the independent savings banks. Its Baltic Banking segment offers services through its own branch network, the Telephone Bank and the Internet Bank. Its Large Corporates & Institutions segment provides companies, financial institutions and banks with financing solutions and financial services. Its Group Functions & Other comprises group functions, such as group products, group information technology, accounting and finance, risk, compliance, corporate affairs, human resources and legal. It offers financial services and products in Sweden, Estonia, Latvia and Lithuania. It also has operations in Norway, Finland, Denmark, the United States, China, and Luxembourg and South Africa.
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