Swedbank AB (OTCMKTS:SWDBY) – Analysts at Jefferies Group lifted their FY2018 earnings estimates for shares of Swedbank in a research report issued to clients and investors on Wednesday. Jefferies Group analyst K. Pillai now anticipates that the financial services provider will post earnings of $2.11 per share for the year, up from their previous estimate of $2.04. Jefferies Group also issued estimates for Swedbank’s FY2019 earnings at $2.17 EPS.

SWDBY has been the topic of several other reports. ValuEngine cut shares of Swedbank from a “strong-buy” rating to a “buy” rating in a research note on Friday, February 2nd. Berenberg Bank cut shares of Swedbank from a “buy” rating to a “hold” rating in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The stock has a consensus rating of “Hold”.

Shares of Swedbank (OTCMKTS:SWDBY) opened at $24.47 on Friday. The company has a market cap of $27,116.87, a P/E ratio of 3.88 and a beta of 0.82. The company has a debt-to-equity ratio of 7.30, a quick ratio of 1.64 and a current ratio of 1.64. Swedbank has a 52 week low of $22.58 and a 52 week high of $27.72.

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About Swedbank

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.

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