Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) Given Consensus Recommendation of “Reduce” by Analysts

Svenska Handelsbanken Ab Publ (OTCMKTS:SVNLY) has received a consensus rating of “Reduce” from the seven brokerages that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and five have given a hold rating to the company.

Several research analysts have recently issued reports on the stock. Citigroup reaffirmed a “neutral” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Tuesday, October 14th. Morgan Stanley reaffirmed an “underweight” rating on shares of Svenska Handelsbanken Ab Publ in a research note on Friday, January 9th.

Svenska Handelsbanken Ab Publ Stock Performance

Svenska Handelsbanken Ab Publ stock opened at $8.12 on Wednesday. The business’s 50-day simple moving average is $7.18 and its 200 day simple moving average is $6.68. The company has a current ratio of 2.10, a quick 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.

About Svenska Handelsbanken Ab Publ

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.