Avanza Bank traded at 356.60 this Friday June 5th, increasing 7.00 or 2.00 percent since the previous trading session. Looking back, over the last four weeks, Avanza Bank gained 5.50 percent. Over the last 12 months, its price rose by 11.37 percent. Looking ahead, we forecast Avanza Bank to be priced at 337.71 by the end of this quarter and at 313.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Avanza Bank Holding AB is a Sweden-based company engaged in the financial services sector. The Company offers a platform for savings and investments. Avanza Bank Holding is the Parent Company of the Avanza Group. The operational activities are conducted by its subsidiaries: Avanza Bank AB (publ), Forsakringsaktiebolaget Placera Media Stockholm AB and Avanza Fonder AB. The Company offers a broad range of savings products, as pension offering and mortgages. Customers are offered to save in Swedish and foreign securities and in savings accounts, with no fixed account charges and a low brokerage fee. The Company primarily targets individual investors, but also offers services for professional investors and corporate customers, such as entrepreneurs, asset managers and those who want occupational pension.