Swedbank Discount to SEB Is Unjustified, Handelsbanken Says, Reiterating Buy

• (PLX AI) - Swedbank's significant discount to SEB is unjustified, analysts at Handelsbanken said, reiterating a buy recommendation on the stock.
• • Swedbank is a solid bank with a relatively low risk profile and solid cash generation, Handelsbanken said
• • Price target SEK 198 implies 17% upside
• • Outlook for Nordic banks is positive as ECB restrictions on dividends are lifted, Handelsbanken said