Sberbank traded at 288.10 this Wednesday July 15th, decreasing 6.46 or 2.19 percent since the previous trading session. Looking back, over the last four weeks, Sberbank lost 10.04 percent. Over the last 12 months, its price fell by 10.41 percent. Looking ahead, we forecast Sberbank to be priced at 281.78 by the end of this quarter and at 255.04 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sberbank Rossii PAO is a Russia-based company, which is primarily focused on the financial services industry. The Company operates as a commercial bank and provides services to individual and corporate clients. Its offerings for individual clients include deposits, credit cards issuing, money transfers, depositary cells, consumer loans, mortgages, utility payments, online banking, mutual funds, among others. The Company's corporate products portfolio includes corporate loans, asset management, payroll projects, leasing, online banking, cash and settlement services, among others. In addition, the Company offers a wide range of services to financial institutions, such as correspondent accounts, custody services, and interbank lending, among others.