Svenska Handelsbanken AB (0R7R) Receives a Sell from Kepler Capital
In a report released on June 11, Markus Sandgren from Kepler Capital maintained a Sell rating on Svenska Handelsbanken AB (0R7R – Research Report), with a price target of SEK121.00. The company's shares closed last Wednesday at SEK127.58.
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Sandgren covers the Financial sector, focusing on stocks such as Svenska Handelsbanken AB, Intrum Justitia AB, and Collector AB. According to TipRanks, Sandgren has an average return of 11.3% and an 83.78% success rate on recommended stocks.
Svenska Handelsbanken AB has an analyst consensus of Moderate Sell, with a price target consensus of SEK117.57.
Based on Svenska Handelsbanken AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK14.81 billion and a net profit of SEK6.32 billion. In comparison, last year the company earned a revenue of SEK15.25 billion and had a net profit of SEK6.6 billion
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