Swedbank AB (SWDBY) Forecasted to Earn FY2018 Earnings of $2.11 Per Share
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”.
COPYRIGHT VIOLATION WARNING: This article was posted by TheOlympiaReport and is owned by of TheOlympiaReport. If you are viewing this article on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark law. The correct version of this article can be read at https://theolympiareport.com/2018/02/11/swedbank-ab-swdby-forecasted-to-earn-fy2018-earnings-of-2-11-per-share.html.
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.
Receive News & Ratings for Swedbank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Swedbank and related companies with MarketBeat.com's FREE daily email newsletter.