Svenska Handelsbanken Ab Publ (SVNLY) to Release Earnings on Wednesday

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) is anticipated to post its results before the market opens on Wednesday, February 4th. Analysts expect Svenska Handelsbanken Ab Publ to post earnings of $0.14 per share for the quarter.

Svenska Handelsbanken Ab Publ Stock Up 3.2%

Shares of SVNLY opened at $8.12 on Wednesday. The company has a quick ratio of 2.10, a current ratio of 2.10 and a debt-to-equity ratio of 0.18. Svenska Handelsbanken Ab Publ has a 12 month low of $4.93 and a 12 month high of $8.12. The firm’s 50 day moving average is $7.18 and its 200-day moving average is $6.68.

Analysts Set New Price Targets

SVNLY has been the topic of a number of recent research reports. Citigroup restated a “neutral” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Tuesday, October 14th. Morgan Stanley reissued an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a report on Friday, January 9th. Five analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Svenska Handelsbanken Ab Publ presently has a consensus rating of “Reduce”.

Svenska Handelsbanken Ab Publ Company Profile

Svenska Handelsbanken AB (publ) is a Sweden-based universal bank offering a broad range of financial services to private individuals, businesses and institutions. Established in 1871 and headquartered in Stockholm, the bank operates on a decentralized branch model that empowers locally managed offices to deliver tailored banking solutions. Svenska Handelsbanken provides core services such as deposit accounts, lending, payment services and credit cards, alongside specialized corporate offerings including trade finance, cash management and leasing.

In addition to its commercial banking activities, Handelsbanken maintains a dedicated investment banking arm known as Handelsbanken Capital Markets, which offers services in equity and debt underwriting, corporate finance advisory and research.