Swedbank: UBS raises target price
(CercleFinance.com) - UBS reiterates its Buy recommendation on the Swedbank stock, raising its target price for it to E264 (from E246), representing 8% upside potential for the share.
UBS notes EPS well ahead of expectations in Q4 2024.
Swedbank announced significantly better-than-expected results, underpinned by revenues well ahead of expectations. Expect upward EPS revisions and a strong share price reaction, it adds.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
UBS notes EPS well ahead of expectations in Q4 2024.
Swedbank announced significantly better-than-expected results, underpinned by revenues well ahead of expectations. Expect upward EPS revisions and a strong share price reaction, it adds.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.