Deutsche Bank Aktiengesellschaft Trims SEB (OTC:SEBYF) Target Price to SEK 117

SEB (OTC:SEBYFGet Rating) had its price target trimmed by Deutsche Bank Aktiengesellschaft from SEK 124 to SEK 117 in a research report sent to investors on Monday, The Fly reports.

Other equities research analysts also recently issued research reports about the company. Berenberg Bank started coverage on SEB in a research report on Wednesday, July 6th. They set a buy rating on the stock. Morgan Stanley cut their target price on SEB from SEK 120 to SEK 117 and set an underweight rating for the company in a research note on Friday, June 24th. Oddo Bhf cut SEB from an outperform rating to a neutral rating in a research note on Monday, May 16th. Finally, JPMorgan Chase & Co. increased their price target on SEB from SEK 105 to SEK 110 in a report on Thursday, May 19th.

SEB Stock Performance

SEB stock opened at C$96.12 on Monday. SEB has a 12 month low of C$95.90 and a 12 month high of C$179.75. The company has a 50 day moving average price of C$103.71.

SEB Company Profile

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SEB SA designs, manufactures, and markets small household appliances worldwide. It provides electrical cooking, food preparation, and beverage preparation products, including electrical cooking products comprising deep fryers, rice cookers, electric pressure cookers, informal meal appliances, waffle makers, grills, toasters, multicookers, coffee makers, espresso machines, electric kettles, home beer-taps, soy-milk makers, blenders, cooking food processors, kitchen machines, mixers, beaters, etc.

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