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Swedbank ( ($SE:SWED.A) ) just unveiled an update.
Swedbank, in partnership with SpareBank 1, has launched SB1 Markets, an investment bank operating in Sweden, Norway, and the US. This initiative enhances Swedbank’s investment banking services, offering corporate finance, debt and equity markets, and research services. The collaboration aims to meet the evolving needs of corporate and institutional clients, leveraging Swedbank’s market expertise and distribution network to deliver high-quality services.
The most recent analyst rating on ($SE:SWED.A) stock is a Hold with a SEK282.00 price target. To see the full list of analyst forecasts on Swedbank stock, see the SE:SWED.A Stock Forecast page.
More about Swedbank
Swedbank is a leading bank with over 7 million retail customers and 550,000 corporate customers across Sweden, Estonia, Latvia, and Lithuania. It also operates in other Nordic countries, the U.S., and China, focusing on creating a financially sound and sustainable society. Swedbank provides various financial services and aims to make financial life easier for its clients.
YTD Price Performance: 33.26%
Average Trading Volume: 1,600,295
Technical Sentiment Signal: Buy
Current Market Cap: SEK298.5B
For a thorough assessment of SWED.A stock, go to TipRanks’ Stock Analysis page.