- (PLX AI) - Swedbank's valuation is attractive and its discount to the sector is set to shrink, analysts at Nordea said, raising their recommendation on the stock to buy from hold.
- • Price target SEK 174
- • Swedbank is trading at a 7% discount to Nordic peers, and if higher rate scenarios materialize, the discount would increase to 15%, Nordea said
- • Swedbank is down 0.9% at SEK 150.15 in early trading
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