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Macquarie downgraded Swedbank AB (OTCMKTS:SWDBY) from Neutral to Underperform in a report released today.

Macquarie has downgraded Swedbank AB (OTCMKTS:SWDBY) from Neutral to Underperform in a report released on 10/13/2017.

Just yesterday Swedbank AB (OTCMKTS:SWDBY) traded -0.60% lower at $26.50. Swedbank AB’s 50-day moving average is $27.08 and its 200-day moving average is $25.17. The last closing price is up 4.66% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 4,700 shares of SWDBY traded hands, down from an average trading volume of 78,766

Recent Performance Chart

Swedbank AB (OTCMKTS:SWDBY)

Swedbank AB has 52 week low of $22.58 and a 52 week high of $27.72 with a PE ratio of 12.42 and has a market capitalization of $0.

Brief Synopsis On Swedbank AB (OTCMKTS:SWDBY)

Swedbank AB is a savings bank. The Company offers financial services and products in its home markets of Sweden, Estonia, Latvia and Lithuania. The Company's segments are Swedish Banking, Baltic Banking, Large corporates & Institutions, and Group Functions & Other. The Company offers products mainly in the areas of lending, payments and savings. The Swedish Banking segment offers its products to private customers and companies in the Swedish market. The Swedish Banking segment's services are sold through the Company's own branch network, the telephone Bank, the Internet Bank and the distribution network of the independent savings banks. The Baltic Banking segment offers its products to private customers and companies in Estonia, Latvia and Lithuania. The Baltic Banking segment's services are sold through its own branch network, the telephone Bank and the Internet Bank. The Large Corporates & Institutions segment offers its services to large companies and financial institutions.

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