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Banco de Sabadell’s Long-Term Rating Upgraded by S&P

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Banco de Sabadell’s Long-Term Rating Upgraded by S&P

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Banco de Sabadell ( (ES:SAB) ) has issued an announcement.

Banco de Sabadell has received an upgrade in its long-term rating from S&P Global Ratings, moving from BBB+ to A-, with a stable outlook. This upgrade reflects an improvement in the bank’s individual credit profile and a positive shift in the industry risk within the Spanish banking sector.

More about Banco de Sabadell

YTD Price Performance: 46.32%

Average Trading Volume: 4,562,907

Technical Sentiment Signal: Sell

Current Market Cap: €14.22B

For a thorough assessment of SAB stock, go to TipRanks’ Stock Analysis page.

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