2 days ago
Kepler Capital Sticks to Its Sell Rating for Avanza Bank Holding AB (0NUK)
Kepler Capital analyst Markus Sandgren maintained a Sell rating on Avanza Bank Holding AB on July 3 and set a price target of SEK301.00. The company's shares closed last Thursday at SEK340.31.
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According to TipRanks, Sandgren is a 3-star analyst with an average return of 4.3% and an 82.05% success rate. Sandgren covers the Financial sector, focusing on stocks such as Svenska Handelsbanken AB, Collector AB, and Skandinaviska Enskilda Banken AB.
Currently, the analyst consensus on Avanza Bank Holding AB is a Moderate Sell with an average price target of SEK289.60.
Based on Avanza Bank Holding AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK1.17 billion and a net profit of SEK707 million. In comparison, last year the company earned a revenue of SEK1.35 billion and had a net profit of SEK555 million